Goldman Sachs analyst Rob Joyce maintained a Buy rating on Continental Aktiengesellschaft (CTTAF) today and set a price target of $2.76. The company’s shares closed on Friday at $138, close to its 52-week low of $134.
According to TipRanks.com, Joyce is ranked #1898 out of 5202 analysts.
Currently, the analyst consensus on Continental Aktiengesellschaft is a Moderate Buy with an average price target of $172.60.
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Based on Continental Aktiengesellschaft’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $653 million. In comparison, last year the company had a net profit of $907 million.
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Continental AG 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.
