Continental AG (OTCMKTS:CTTAY) has been downgraded from Overweight to Equal Weight in a report by Barclays today.
- Updated: October 14, 2016
Boasting a price of $38.99, Continental AG (OTCMKTS:CTTAY) traded -0.85% lower on the day. With the last close down -7.86% from the two hundred day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $42.03 and a 200-day moving average of $41.96. 1,113 shares of CTTAY traded, down from an avg. volume of 18,360
Barclays has downgraded Continental AG (OTCMKTS:CTTAY) from Overweight to Equal Weight in a report released on 10/14/2016.
Recent Performance Chart
With a total market value of $0, Continental AG has P/E ratio of 11.89 with a 52 week low of $36.29 and a 52 week high of $49.75 .
Also covering Continental AG's stock price target, a total of 1 brokerage has issued a ratings update on Continental AG. The 12-month price target is $51.72 with 1 broker rating the company a strong buy, zero firms rating the stock a buy, 0 analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero brokerages rating the company a sell.
General Information About Continental AG (OTCMKTS:CTTAY)
Continental AG is an automotive supplier. The Company's segments include Chassis & Safety, Powertrain, Interior, Tires, ContiTech and Other/consolidation. The Chassis & Safety division develops, produces and markets intelligent systems. The Chassis & Safety division consists of four business units: Vehicle Dynamics, Hydraulic Brake Systems, Passive Safety & Sensorics, and Advanced Driver Assistance Systems. The Powertrain division integrates system solutions for the powertrains in vehicles of all classes. Interior division provides information management in vehicles and develops and produces information, communication and network solutions. Tires division offers safety through short braking distances and grip, as well as reducing fuel consumption. ContiTech division develops, manufactures and markets products for machine and plant engineering, mining, the automotive industry and other important industries.
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