FRANKFURT (dpa-AFX) - Continental shares suffered prematurely on Wednesday from surprisingly weak quarterly figures. They dropped 4.2 percent to 62.74 euros on Tradegate. This would take them to their lowest level since the beginning of November.

The automotive supplier and tire manufacturer was again hit hard by the problems in the automotive supply sector in the first quarter. The corresponding division slipped much further into the red than experts had expected. Analyst Michael Aspinall from Jefferies, for example, criticized that expectations were already low.

Goldman Sachs analyst George Galliers promptly lowered his price target, despite the fact that Conti confirmed its annual targets./ck/jha/