Longbow Research Sticks to Its Hold Rating for Cooper Tire Rubber (CTB)


In a report issued on January 18, Anthony Deem from Longbow Research maintained a Hold rating on Cooper Tire Rubber (CTB). The company’s shares closed on Friday at $33.98.

According to TipRanks.com, Deem is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -21.4% and a 16.7% success rate. Deem covers the Industrial Goods sector, focusing on stocks such as Visteon Corp, Veoneer Inc, and Lear Corp.

Currently, the analyst consensus on Cooper Tire Rubber is a Moderate Buy with an average price target of $34.75.

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Cooper Tire Rubber’s market cap is currently $1.7B and has a P/E ratio of 47.86. The company has a Price to Book ratio of 1.46.

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Cooper Tire & Rubber Co. engages in tire solutions. Its activities include design, manufacture, marketing and sales replacement tires focuses on passenger car, light truck, medium truck, motorcycle, and racing cars. It operates through the following geographical segments: North America, Latin America, Europe, and Asia.

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