A statement released earlier today by Berenberg Bank about Goodyear Tire & Rubber Co (NASDAQ:GT) bumps the target price to $36.00
- Updated: November 27, 2016
Having a price of $29.92, Goodyear Tire & Rubber Co (NASDAQ:GT) traded 0.78% higher on the day. With the last stock price up 7.49% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $30.35 and a 200-day moving average of $28.99. 1,300,856 shares of the stock were exchanged, down from an average trading volume of 3,470,230
Berenberg Bank bumped up the target of Goodyear Tire & Rubber Co (NASDAQ:GT) to $36.00 indicating a possible upside of 0.20%.
On Wednesday February 10, 2016, CLSA released a statement on Goodyear Tire & Rubber Co (NASDAQ:GT) upped the target price from $0.00 to $34.00 that suggested an upside of 0.21%.
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Goodyear Tire & Rubber Co has a 52 week low of $24.31 and a 52 week high of $35.30 with a PE ratio of 26.03 Goodyear Tire & Rubber Co’s market capitalization is currently $0.
In addition to Berenberg Bank reporting its stock price target, a total of 7 brokers have issued a report on the company. The average stock price target is $33.43 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Company Details For Goodyear Tire & Rubber Co (NASDAQ:GT)
The Goodyear Tire & Rubber Company is engaged in developing, manufacturing, marketing and distributing tires for various applications. It also manufactures and markets rubber-related chemicals for various applications. The Company's Americas business comprises businesses of North America and Latin America. The North America business develops, manufactures, distributes and sells tires and related products and services in the United States and Canada. The Latin America business manufactures and sells automobile and truck tires throughout Central South America and in Mexico. The Europe, Middle East and Africa (EMEA) segment develops, manufactures, distributes and sells tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving and mining equipment, and industrial equipment across the Europe, the Middle East and Africa. The Asia Pacific segment manufactures and sells tires for automobiles, trucks, aircraft, farm, earthmoving and mining equipment in the Asia Pacific region.
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