Bridgestone (OTCMKTS:BRDCY) Upgraded at Smbc Nikko Sec.

Bridgestone (OTCMKTS:BRDCY) was upgraded by stock analysts at Smbc Nikko Sec. to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Separately, Zacks Research lowered Bridgestone from a “hold” rating to a “strong sell” rating in a research note on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Bridgestone currently has a consensus rating of “Buy”.

Bridgestone Stock Up 0.4%

Shares of BRDCY opened at $11.82 on Tuesday. Bridgestone has a 52-week low of $8.82 and a 52-week high of $12.55. The company has a quick ratio of 1.66, a current ratio of 2.48 and a debt-to-equity ratio of 0.17. The stock has a fifty day simple moving average of $16.05 and a two-hundred day simple moving average of $20.42. The company has a market capitalization of $31.54 billion, a PE ratio of 17.38, a price-to-earnings-growth ratio of 1.10 and a beta of 0.54.

Bridgestone Company Profile

Bridgestone Corporation is a Japanese multinational company principally engaged in the design, manufacture and sale of tires and rubber products. Founded in 1931 by Shojiro Ishibashi and headquartered in Tokyo, the company has grown into one of the world’s largest tire manufacturers, offering products for a broad range of vehicles and applications.

The company’s core offerings include tires for passenger cars, motorcycles, commercial trucks and buses, agricultural and off‑the‑road equipment, and aircraft.