Wall Street Zen downgraded shares of Gates Industrial from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Get Gates Industrial alerts:Check Out Our Latest Report on Gates IndustrialGates Industrial Stock Down 6.1%Shares of GTES opened at $24.82 on Thursday. Gates Industrial Company Profile(Get Free Report)Gates Industrial Corporation PLC (NYSE: GTES) is a leading global manufacturer of engineered power transmission belts and fluid power products. In its power transmission segment, Gates Industrial produces high-strength belts engineered for precise motion control and minimal maintenance. Featured StoriesReceive News & Ratings for Gates Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gates Industrial and related companies with MarketBeat.com's FREE daily email newsletter.