Goodyear beats Street 2Q forecasts

During last 3 month period, 0.82% of total institutional ownership has changed in the company shares. The 2.9 percent fall on the Dow was the largest for any week since January. The stock has increased almost 7 percent in the last 12 months. 92,442 shares of the company’s stock traded hands.

Cooper Tire & Rubber Company (NYSE:CTB) stock has received a short term price target of $ 38.5 from 4 Analyst. Goodyear Tire & Rubber Co has a one year low of $18.87 and a one year high of $32.74. The company has a market cap of $8,131 million and the number of outstanding shares have been calculated to be 269,764,000 shares.

The Goodyear Tire & Rubber Company (NASDAQ:GT): 6 Analyst have given the stock of The Goodyear Tire & Rubber Company (NASDAQ:GT) a near short term price target of $30.83. The company had revenue of $663.00 million for the quarter, compared to the consensus estimate of $690.03 million. In a research note released to the investors, Deutsche Bank reinstates its rating on Cooper Tire & Rubber Company (NYSE:CTB).The analysts at the brokerage house have a current rating of Hold on the shares. America Movil S.A.B.de C.V. (AMX)’S monthly performance stands at -13.210% with an analyst rating of 2.9 and dividend yield of 1.78%.

The company also recently declared a quarterly dividend, which was paid on Monday, June 29th.

Shares of Cooper Tire & Rubber Co (NYSE:CTB) traded up 1.01% during mid-day trading on Thursday, hitting $33.03. Finally, Standpoint Research upped their price target on shares of Goodyear Tire & Rubber Co from $33.00 to $36.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th.

Cooper Tire & Rubber Company (NYSE:CTB) is a manufacturer and marketer of replacement tires. The Latin America segment manufactures and sells automobile and truck tires. The Company’s business is the development, manufacture, distribution and sale of tires and related products and services across the world. The Company manufactures its products in 53 manufacturing facilities in 22 countries, including the United States. It operates through four operating segments representing its regional tire businesses: North American Tire; Europe, Middle East and Africa Tire (EMEA); Latin American Tire, and Asia Pacific Tire. It supplies passenger auto tires. The Company operates in two segments: Americas Tire Operations and worldwide Tire Operations. The segment also distributes tires for racing, medium truck and motorcycles.