The Goodyear Tire & Rubber Company (NASDAQ:GT) has analysts on the Bullish side this week.

April 16, 2018 - By Linda Rogers

The Goodyear Tire & Rubber Company (NASDAQ:GT) LogoInvestors sentiment decreased to 0.75 in 2017 Q4. Its down 0.29, from 1.04 in 2017Q3. It dropped, as 41 investors sold The Goodyear Tire & Rubber Company shares while 163 reduced holdings. 40 funds opened positions while 112 raised stakes. 211.29 million shares or 6.62% less from 226.27 million shares in 2017Q3 were reported.
Deroy Devereaux Private Counsel invested in 2.14% or 629,198 shares. Livforsakringsbolaget Skandia Omsesidigt holds 0.01% or 3,800 shares in its portfolio. Quantbot Technologies Ltd Partnership reported 5,605 shares. Glenmede Trust Na reported 0% in The Goodyear Tire & Rubber Company (NASDAQ:GT). 45,736 were reported by Jane Street Gru Ltd Co. Bank Of New York Mellon has invested 0.05% in The Goodyear Tire & Rubber Company (NASDAQ:GT). The Pennsylvania-based Cim Mangement has invested 0.16% in The Goodyear Tire & Rubber Company (NASDAQ:GT). Counselors invested in 92,372 shares. Van Cleef Asset Managementinc reported 16,184 shares or 0.13% of all its holdings. Dimensional Fund Advsr Limited Partnership, a Texas-based fund reported 5.50M shares. Advisory Ser Limited Liability Company holds 0.01% or 3,832 shares in its portfolio. Victory Capital Management Inc reported 57,332 shares. 8.85 million were reported by Wellington Mgmt Grp Incorporated Llp. Jfs Wealth Advisors Ltd Liability Com holds 0% in The Goodyear Tire & Rubber Company (NASDAQ:GT) or 400 shares. Principal Fincl Grp holds 0.02% or 524,601 shares.

The Goodyear Tire & Rubber Company (NASDAQ:GT) Ratings Coverage

Among 7 analysts covering Goodyear Tire \u0026 Rubber (NASDAQ:GT), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Goodyear Tire \u0026 Rubber had 11 analyst reports since October 30, 2017 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Tuesday, December 19 report. The firm has “Neutral” rating given on Monday, October 30 by Citigroup. The rating was maintained by Morgan Stanley on Thursday, March 22 with “Overweight”. The stock has “Hold” rating by Guggenheim on Monday, January 8. The rating was maintained by Jefferies with “Buy” on Sunday, January 28. The stock of The Goodyear Tire & Rubber Company (NASDAQ:GT) earned “Overweight” rating by JP Morgan on Monday, October 30. The firm earned “Buy” rating on Thursday, November 9 by KeyBanc Capital Markets. The stock of The Goodyear Tire & Rubber Company (NASDAQ:GT) has “Buy” rating given on Wednesday, April 4 by Jefferies. The rating was maintained by Guggenheim on Friday, February 9 with “Hold”. The stock has “Neutral” rating by Guggenheim on Wednesday, November 1. Below is a list of The Goodyear Tire & Rubber Company (NASDAQ:GT) latest ratings and price target changes.

04/04/2018 Broker: Jefferies Rating: Buy New Target: $38.0000 Maintain
22/03/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $43 New Target: $34 Maintain
09/02/2018 Broker: Guggenheim Rating: Hold New Target: $32.0 Maintain
31/01/2018 Broker: Longbow Rating: Neutral Initiates Coverage On
28/01/2018 Broker: Jefferies Rating: Buy New Target: $42.0 Maintain
08/01/2018 Broker: Guggenheim Rating: Hold New Target: $31.0 Maintain
19/12/2017 Broker: Jefferies Rating: Buy New Target: $36.0 Maintain
09/11/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $37.0 Maintain
01/11/2017 Broker: Guggenheim Old Rating: Buy New Rating: Neutral Old Target: $39 Downgrade
30/10/2017 Broker: JP Morgan Rating: Overweight Old Target: $40 New Target: $38 Maintain

The stock increased 0.72% or $0.2 during the last trading session, reaching $28.04. About 342,793 shares traded. The Goodyear Tire & Rubber Company (NASDAQ:GT) has declined 25.73% since April 16, 2017 and is downtrending. It has underperformed by 37.28% the S&P500.

The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, makes, distributes, and sells tires and related services and products worldwide. The company has market cap of $6.74 billion. It offers various lines of rubber tires for automobiles, trucks, buses, aircrafts, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brand names, as well as under the private-label brands. It has a 20.47 P/E ratio. The firm also retreads truck, aviation, and off-the-road tires; makes and sells tread rubber and other tire retreading materials; makes and markets rubber-related chemicals; and provides automotive repair services, and miscellaneous other services and products, as well as sells natural rubber products.

The Goodyear Tire & Rubber Company (NASDAQ:GT) Institutional Positions Chart

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