The Goodyear Tire & Rubber Comp – Consensus Indicates Potential 12.6% Upside

Broker Ratings
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The Goodyear Tire & Rubber Comp with ticker code (GT) now have 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 17 and 9 calculating the mean target price we have 13.29. With the stocks previous close at 11.8 this would indicate that there is a potential upside of 12.6%. The day 50 moving average is 11 and the 200 day moving average is 11.77. The market cap for the company is $3,153m. Visit the company website at: https://www.goodyear.com

The potential market cap would be $3,551m based on the market concensus.

The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and other applications under the Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft, Roadmaster, and various other house brands, as well as under the private-label brands. The company also provides retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical products; and provides automotive and commercial repair services, and miscellaneous other products and services. In addition, it operates approximately 950 retail outlets, which offer products for retail sale, and provides repair and other services. The company sells its products worldwide through a network of independent dealers, regional distributors, retail outlets, and retailers. The Goodyear Tire & Rubber Company was incorporated in 1898 and is headquartered in Akron, Ohio.

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