J.P. Morgan analyst Ryan Brinkman maintained a Hold rating on Goodyear Tire & Rubber Company on Monday, setting a price target of $25, which is approximately 9.94% above the present share price of $22.74.
Brinkman expects Goodyear Tire & Rubber Company to post earnings per share (EPS) of $0.47 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Hold rating of shares in GoodYear Tire (NASDAQ:GT), with an average price target of $25.25.
The analysts price targets range from a high of $29 to a low of $23.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $4.93 billion and a net profit of $313 million. The company's market cap is $6.4 billion.
According to TipRanks.com, J.P. Morgan analyst Ryan Brinkman is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.8% and a 64.89% success rate.
Goodyear Tire & Rubber Co. engages in the development, manufactures, distribution, and sale of tires. 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. The company was founded by Frank A. Seiberling on August 29, 1898 and is headquartered in Akron, OH.