Goldman Sachs (NYSE:GS) analyst George Galliers maintained a Hold rating on Continental Aktiengesellschaft on Thursday, setting a price target of EUR92, which is approximately 11.54% below the present share price of $104.
Galliers expects Continental Aktiengesellschaft to post earnings per share (EPS) of $0.00 for the second quarter of 2020.
The current consensus among 16 TipRanks analysts is for a Hold rating of shares in Continental Aktiengesellschaft, with an average price target of $91.92.
The analysts price targets range from a high of $118.43 to a low of $72.19.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $9.84 billion and a net profit of $171.4 million. The company's market cap is $19.5 billion.
According to TipRanks.com, Goldman Sachs analyst George Galliers is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -14.0% and a 43.90% success rate.
Continental AG (OTC:CTTAY) is a holding company, which engages in the manufacture and sale of soft rubber products, rubberized fabrics, and solid tires. It operates through the following segments: Chassis and Safety, Powertrain, Interior, Tires, ContiTech, and Other or Consolidation. The Chassis and Safety segment develops, produces, and markets intelligent systems to improve driving safety and vehicle dynamics. The Powertrains segment integrates system solutions for the powertrains. The Interior segment provides information management for vehicles; and develops and produces communication, and network solutions. The Tires segment offers reduction of fuel consumption by minimizing rolling resistance. The ContiTech segment covers the development, manufacture, and market of products for the machine and plant engineering, mining, and automotive industry. The Other or Consolidation segment represents the centrally managed subsidiaries and affiliates including holding, financing, and insurance companies. The company was founded on October 8, 1871 and is headquartered in Hanover, Germany.