Published: Wed, September 13, 2017
Business | By Max Garcia

Does $31.55 justifies The Goodyear Tire & Rubber Company (GT) shares?

Does $31.55 justifies The Goodyear Tire & Rubber Company (GT) shares?

About 905,646 shares traded. Cooper Tire & Rubber has a 52-week low of $32.78 and a 52-week high of $44.50. It has underperformed by 91.96% the S&P500. Morgan Stanley reported 798,109 shares stake. At present, 6 analysts recommended Holding these shares while 1 recommended sell, according to FactSet data.

Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock. Teleflex Incorporated (NYSE:TFX) has risen 24.36% since September 12, 2016 and is uptrending. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. Therefore 0 are positive. The company's initiatives targeting Chinese OEM tires continue to be successful, and in our view, this is a significant revenue growth opportunity. Needham has "Buy" rating and $48 target. Standpoint Research initiated Cooper Tire & Rubber Co (NYSE:CTB) on Friday, May 27 with "Buy" rating. The firm has "Hold" rating given on Sunday, November 13 by Needham. The firm earned "Overweight" rating on Monday, November 30 by Piper Jaffray.

Since May 9, 2017, it had 0 insider buys, and 4 selling transactions for $2.00 million activity. On Friday, August 7 the stock rating was maintained by Deutsche Bank with "Hold". The rating was downgraded by Standpoint Research to "Hold" on Wednesday, October 28.

Investors sentiment decreased to 1.03 in Q4 2016. Its up 0.15, from 0.73 in 2016Q3. It increased, as 53 investors sold Goodyear Tire & Rubber Co shares while 163 reduced holdings. 39 funds opened positions while 81 raised stakes. It does not measure the risk of an investment held on a stand-alone basis, but the amount of risk the investment adds to an already-diversified portfolio. TSLA, +5.58% and forecasting a future of driverless cars and electric vehicles, have zeroed in on Goodyear Tire & Rubber Co. Wealthtrust Fairport Ltd Limited Liability Company reported 31,341 shares or 0.12% of all its holdings. Gateway Investment Advisers LLC now owns 15,882 shares of the company's stock worth $555,000 after purchasing an additional 42 shares during the period.

Cooper Tire & Rubber Company is a manufacturer and marketer of replacement tires.

Ever wonder how investors predict positive share price momentum? Churchill Mgmt Corp has invested 0.13% in Goodyear Tire & Rubber Co (NASDAQ:GT). The company has market cap of $157.38 million. Davenport And Ltd reported 48,867 shares or 0.02% of all its holdings. (NYSE:PFE). California State Teachers Retirement Systems accumulated 12.88M shares or 0.85% of the stock. Euclidean Tech Ltd Liability Corp has 1.86% invested in Cooper Tire & Rubber Co (NYSE:CTB) for 51,937 shares. Teleflex had 20 analyst reports since July 31, 2015 according to SRatingsIntel. As per Thursday, April 7, the company rating was maintained by Jefferies. Oppenheimer has "Outperform" rating and $22 target. The firm has "Buy" rating given on Tuesday, November 22 by Berenberg. "The stock has "Outperform" rating by Bruyette & Woods" on Monday, August 10.

Goodyear in July reported second-quarter results broadly in line with expectations, but it slashed its outlook for the year, sending the stock to a post-results tumble. KeyBanc Capital Markets upgraded the shares of DPZ in report on Friday, January 20 to "Overweight" rating. BidaskClub upgraded The Goodyear Tire & Rubber from a "sell" rating to a "hold" rating in a report on Wednesday, July 12th. Its up 0.08, from 0.83 in 2016Q3. Shares for $174,137 were sold by NOECHEL RICHARD J. About shares traded. Pfizer Inc. The Virginia-based Dixon Hubard Feinour & Brown Inc Va has invested 1.93% in the stock. Whitnell, a Illinois-based fund reported 15,000 shares. Bancorp Of America De accumulated 45,042 shares. Gsa Cap Limited Liability Partnership invested in 0.01% or 8,037 shares. Panagora Asset Mngmt has invested 0.02% in Teleflex Incorporated (NYSE:TFX). Bnp Paribas Arbitrage has 8,012 shares. Shares for $39,986 were sold by Klasko Stephen K. M.D. Deren John had sold 2,246 shares worth $435,892 on Tuesday, May 9. Point72 Asset Mngmt Limited Partnership has 1.08M shares. Evercore Wealth Management Ltd Liability Co invested in 1,476 shares. $1.42 million worth of PHH Corporation (NYSE:PHH) shares were sold by Silver Point Capital L.P. Cam Group Inc Hldgs A S has 0.05% invested in Cempra Inc (NASDAQ:CEMP). It also reduced Roper Technologies Inc (NYSE:ROP) stake by 5,323 shares and now owns 288,962 shares.

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