Longbow Research Keeps Their Hold Rating on GoodYear Tire

By Carrie Williams

Longbow Research analyst Anthony Deem maintained a Hold rating on GoodYear Tire (NASDAQ: GT) today. The company’s shares closed yesterday at $28.21.

According to TipRanks.com, Deem is ranked #3367 out of 4774 analysts.

GoodYear Tire has an analyst consensus of Moderate Buy, with a price target consensus of $35.

GoodYear Tire’s market cap is currently $6.77B and has a P/E ratio of 21.02. The company has a book value ratio of 1.4718.

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Goodyear Tire & Rubber Co. engages in the development, manufactures, distribution, and sale of tires and related products and services worldwide. Its products include lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment and various other applications.