KeyBanc analyst James Picariello maintained a Buy rating on Cooper Tire Rubber (NYSE:CTB) on Monday, setting a price target of $32, which is approximately 24.13% above the present share price of $25.78.
Picariello expects Cooper Tire Rubber to post earnings per share (EPS) of -$0.23 for the second quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Cooper Tire Rubber, with an average price target of $30.
The analysts price targets range from a high of $40 to a low of $20.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $531.69 million and a net profit of $4.7 million. The company's market cap is $1.3 billion.
According to TipRanks.com, KeyBanc analyst James Picariello is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.4% and a 56.25% success rate.
Cooper Tire & Rubber Co. specializes in the design, manufacture, marketing and sale of passenger car, light truck, medium truck, motorcycle and racing tires. It operates through the following geographical segments: North America, Latin America, Europe, and Asia. The North America segment consists of United States and Canada. The Latin America segment refers to Mexico, Central America, and South America. The company was founded by John F. Schaefer and Claude E. Hart in 1914 and is headquartered in Findlay, OH.