Analyst Price Targets — GT
Latest News for GT
Raw material prices play a large role in dictating the company's margins. The stock is firmly in value territory now.
Although the stock market is historically pricey, price dislocations have occasionally popped up. While this company is encountering several headwinds, including Iran war uncertainties, its risk-versus-reward profile now heavily favors the latter.
JPMorgan Chase and Co. cut its stake in shares of The Goodyear Tire and Rubber Company (NASDAQ: GT) by 77.5% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 458,790 shares of the company's stock after selling 1,582,728 shares during
180 Wealth Advisors LLC lowered its position in The Goodyear Tire and Rubber Company (NASDAQ: GT) by 78.3% during the undefined quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,911 shares of the company's stock after selling 86,311 shares during the quarter. 180
Higher gasoline prices negatively impact tire demand. Raw material costs, including oil, make up a huge part of Goodyear's cost of goods sold.
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