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Street Watchdog Research Cautious on Goodyear Tire & Rubber (GT), Sets $28 PT

March 29, 2017 12:47 PM EDT
Get Alerts GT Hot Sheet
Price: $12.45 +0.48%

Rating Summary:
    9 Buy, 9 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 20 | Down: 14 | New: 22
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Street Watchdog Research issues cautious comments on Goodyear Tire & Rubber Company (NASDAQ: GT).

The firm states, "Looking forward, we are not optimistic that Goodyear Tire can turn its fortunes around. We see continued pressure on sales and margins. We see 2017 earnings per share of $3.00 to $3.50 (net of extraordinary items), and consequently we assign a price target of $28.00."

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