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CTTAY

Continental AG

$38.62

-0.37 (-0.95%)

18:46
10/16/16
10/16
18:46
10/16/16
18:46

Continental AG to acquire Hornschuch Group

Continental AG announced it has reached an agreement to acquire Hornschuch Group, a manufacturer of films, foam laminates, and artificial leather for industrial applications and the automotive sector. Hornschuch generated sales of EUR 410M in FY15 and has more than 1,800 employees. The company will be integrated into Continental's Benecke-Kaliko business. Reference Link

CTTAY Continental AG
$38.62

-0.37 (-0.95%)

05/17/16
LEHM
05/17/16
DOWNGRADE
LEHM
Equal Weight
Continental AG downgraded to Equal Weight from Overweight at Barclays
Barclays analyst Kristina Church downgraded Continental AG to Equal Weight citing valuation.
06/26/16
GSCO
06/26/16
DOWNGRADE
GSCO
Neutral
Continental AG downgraded to Neutral from Buy at Goldman
Goldman Sachs analyst Stefan Burgstaller downgraded Continental AG to Neutral saying he sees greater upside elsewhere in the space following the UK referendum. He lowered his price target for the shares to EUR 198 from EUR 225.
07/06/16
LEHM
07/06/16
UPGRADE
LEHM
Overweight
Continental AG upgraded to Overweight from Equal Weight at Barclays
10/14/16
LEHM
10/14/16
DOWNGRADE
LEHM
Equal Weight
Continental AG downgraded to Equal Weight from Overweight at Barclays

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