The Goodyear Tire & Rubber Comp found using ticker (GT) have now 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 13.57. Now with the previous closing price of 11.2 this would indicate that there is a potential upside of 21.2%. The 50 day moving average now sits at 10.94 while the 200 day moving average is 11.86. The market capitalisation for the company is $3,259m. Company Website: https://www.goodyear.com
The potential market cap would be $3,948m 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 equipment, and mining and industrial equipment 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 retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services. It operates approximately 1,000 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.
