Goodyear Tire & Rubber Co (NASDAQ:GT) target upped to $36.50, released a report earlier today by Jefferies Group
- Updated: November 29, 2016
Goodyear Tire & Rubber Co (NASDAQ:GT) had its stock price target increased to $36.50 by Jefferies Group in a report issued 11/29/2016. The new target price indicates a possible upside of 0.19% from the company's previous stock price.
Displaying a price of $30.71, Goodyear Tire & Rubber Co (NASDAQ:GT) traded 1.64% higher on the day. With the last close up 7.70% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the date range. Goodyear Tire & Rubber Co has recorded a 50-day average of $30.29 and a 200-day moving average of $29.02. 586,391 shares of Goodyear Tire & Rubber Co traded, down from an avg. volume of 3,473,240
Recent Performance Chart
With a total market value of $0, Goodyear Tire & Rubber Co has P/E ratio of 26.11 with a 52 week low of $24.31 and a 52 week high of $35.30 .
In addition to Jefferies Group reporting its stock price target, a total of 7 brokers have released a report on Goodyear Tire & Rubber Co. The 12-month price target is $33.43 with zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About 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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