Bridgestone traded at 3,475.00 this Tuesday June 16th, decreasing 38.00 or 1.08 percent since the previous trading session. Looking back, over the last four weeks, Bridgestone lost 4.35 percent. Over the last 12 months, its price rose by 15.45 percent. Looking ahead, we forecast Bridgestone to be priced at 3,256.42 by the end of this quarter and at 2,871.18 in one year, according to Trading Economics global macro models projections and analysts expectations.
BRIDGESTONE CORPORATION is a Japan-based company principally engaged in the tire business. The Company operates its business through two business segments. Tire segment is involved in the provision of tire tubes for passenger cars, trucks, buses, construction and mining vehicles, industrial vehicles, agricultural machinery, aircraft and motorcycles. The Segment also provides tire related products, retread materials and related technologies, automobile maintenance and repair services, as well as tire raw materials. Diversification segment provides chemical products, such as automobile related parts, urethane foam and related goods, electronic precision parts, industrial materials related goods and building materials related products, roofing materials, as well as sports goods, such as golf balls and golf clubs. The Segment also provides bicycles and bicycle-related products and conducts finance business.