SUMITOMO RUBBER IND. sees an upgrade to Positive due to a better fundamental star rating
The general evaluation of SUMITOMO RUBBER IND. (JP), a company active in the Tires industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date February 8, 2022, the closing price was JPY 1,223.00 and its potential was estimated at JPY 1,372.62.Sumitomo Rubber Industries is a tire and rubber manufacturer. Along with its affiliates, Co. is engaged in the manufacture and sale of tires and tubes for passenger cars, construction vehicles, agricultural vehicles, race and rally cars, motorcycles, and new transportation system; golf and tennis goods; and industrial and other products, such as artificial turf, precision rubber parts for information technology equipment, dock fenders, high damping rubber, flooring materials, flexible rubber joints, marine-pollution preventive screens, rubber hoses, rubber gloves and medical rubber stoppers. Co. is also engaged in the operation of golf tournaments, golf and tennis schools, and golf courses.
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