The research firms, covering Cooper Tire and Rubber (CTB), have rated the stock as “buy” on average. One analyst has issued a rating of “sell” on the company’s stocks, two analysts have issued ratings of “hold” on the company’s stocks, two analysts have issued a rating of “buy” on the company’s stocks, and one analyst has issued a rating of “strong-buy” on the company’s stocks. The target price of 1-year on an average among brokers is $37.50 in the past year.
Many analysts have submitted reports on CTB. KeyCorp has raised the price target on CTB shares from $45.00-$48.00 and issued a rating of “overweight” on December 8th, Tuesday. BidaskClub lowered their ratings of the company’s shares from “buy” to “hold” on December 12th, Saturday.
JPMorgan raised the price target of the company’s shares from $39.00-$42.00 and issued the stock a rating of “overweight” on October 22nd, Thursday. TheStreet upgraded its ratings of the company’s shares from “c+” to “b” on November 2nd, Monday. Finally, ValuEngine lowered their ratings of the company’s shares from “sell” to “strong sell” on December 1st, Tuesday.
Transactions Of CTB Stock
The company’s trading increased by $0.16 hitting $40.65 on Friday. The company has $2.05 billion in market capitalization. It has a 13.10 ratio between price and earnings. It has a 1.55 beta. The company has $13.82 as its 12 months low and $42.31 as its 12 months high. The stock has a 0.24 ratio between debt and equity, a 1.75 quick ratio, and a 2.41 current ratio. The company has $39.23 as its moving average for 50 days and $33.72 as its moving average for 200 days.
CTB and its subsidiaries manufacture, designs, sells, and markets replacement tires for North America, Europe, Asia, and Latin America. The company engages through Operations of Americas Tire and Operations of International Tire segments. It provides passenger car, truck, bus radial, light truck, racing tires, and motorcycle. It distributes and markets TBR, motorcycle, and racing tires.