Deutsche Bank Analysts Give Cie Gnrl des Etblsmnts Michelin SCA (ML) a €150.00 Price Target

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) received a €150.00 ($185.19) price target from Deutsche Bank in a note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 21.07% from the company’s current price.

A number of other analysts have also issued reports on ML. BNP Paribas set a €119.00 ($146.91) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a report on Monday, October 16th. Goldman Sachs Group set a €133.00 ($164.20) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Thursday, October 19th. JPMorgan Chase & Co. set a €145.00 ($179.01) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Friday, October 20th. UBS Group set a €129.00 ($159.26) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Friday, October 20th. Finally, Morgan Stanley set a €125.00 ($154.32) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Friday, October 20th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of €131.94 ($162.89).

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA ML) opened at €123.90 ($152.96) on Tuesday. The stock has a market capitalization of $22,240.00 and a price-to-earnings ratio of 12.91. Cie Gnrl des Etblsmnts Michelin SCA has a 1-year low of €101.35 ($125.12) and a 1-year high of €130.85 ($161.54).

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Cie Gnrl des Etblsmnts Michelin SCA Company Profile

Compagnie Generale des Etablissements Michelin SCA (Michelin SCA) is a France-based company, which is mainly engaged in the manufacture and distribution of tires for a variety of vehicles. In addition, it publishes maps and guides, and offers digital products and services. The Company’s main activity is the production of tires for passenger cars, two-wheeled vehicles, trucks, agricultural equipment and aircraft, among others, which are sold through such distribution divisions as Euromaster in Europe and TCI in the United States.

Analyst Recommendations for Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML)

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