The Goodyear Tire & Rubber Comp found using ticker (GT) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 30 and 15 calculating the mean target price we have 22.29. With the stocks previous close at 12.8 this is indicating there is a potential upside of 74.1%. The day 50 moving average is 18.61 while the 200 day moving average is 18.51. The market capitalisation for the company is $3,764m. Visit the company website at: https://www.goodyear.com
The potential market cap would be $6,555m 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 orporated in 1898 and is headquartered in Akron, Ohio.
