|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||18.28 - 18.79|
|52 Week Range||13.01 - 20.27|
|Beta (5Y Monthly)||0.62|
|PE Ratio (TTM)||9.81|
|Forward Dividend & Yield||0.47 (2.57%)|
|Ex-Dividend Date||Jun 26, 2020|
|1y Target Est||37.14|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Bridgestone Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
France should invest in a Bridgestone <5108.T> tyre plant threatened with closure, the head of its regional government who plans to run against President Emmanuel Macron in 2022 said on Sunday, ahead of a ministerial visit to the site. The call by Xavier Bertrand, a former minister who now leads the Hauts-de-France region, adds pressure on the government to prevent an outright closure of the facility, as the coronavirus pandemic batters confidence. The Japanese tyre maker's announcement on Wednesday that it planned to close the Bethune plant, which employs 863 workers in Bertrand's northern region, drew swift government condemnation.
The French government is sending two ministers to a tyre plant in northern France next Monday as it reiterated calls on Japanese owners Bridgestone <5108.T> to consider alternatives to closing the site. "I can confirm that I will go on Monday with junior Economy Minister Agnes Pannier-Runacher to Bethune to meet with local officials and staff representatives," Borne told Sud Radio on Friday.