Bridgestone (BRDCY) Lowered to “Hold” at Deutsche Bank
Deutsche Bank downgraded shares of Bridgestone (OTCMKTS:BRDCY) from a buy rating to a hold rating in a research report sent to investors on Tuesday morning, The Fly reports.
Separately, Zacks Investment Research cut Bridgestone from a hold rating to a sell rating in a report on Friday, December 7th.
Shares of BRDCY opened at $19.21 on Tuesday. The company has a current ratio of 2.41, a quick ratio of 1.64 and a debt-to-equity ratio of 0.12. Bridgestone has a 1 year low of $17.61 and a 1 year high of $25.08. The stock has a market cap of $28.99 billion, a price-to-earnings ratio of 12.31, a P/E/G ratio of 2.22 and a beta of 0.39.
Bridgestone Company Profile
Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products worldwide. The company provides tires and tire tubes for passenger cars, trucks, buses, construction/mining vehicles, industrial machines, agricultural machines, aircraft, and motorcycles and scooters; and tire related products, retread materials and services, tire raw materials, and automotive maintenance and repair services.
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