Goldman Sachs Group set a €150.00 ($185.19) price objective on Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) in a research report sent to investors on Tuesday. The firm currently has a buy rating on the stock.
A number of other equities research analysts also recently weighed in on ML. BNP Paribas set a €119.00 ($146.91) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a neutral rating in a report on Monday, October 16th. Deutsche Bank restated a buy rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a report on Tuesday, January 23rd. JPMorgan Chase & Co. set a €145.00 ($179.01) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Friday, January 5th. UBS Group set a €129.00 ($159.26) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Monday, January 29th. Finally, Bank of America set a €140.00 ($172.84) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Friday, January 26th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of €132.94 ($164.12).
Shares of Cie Gnrl des Etblsmnts Michelin SCA (ML) opened at €126.20 ($155.80) on Tuesday. The firm has a market capitalization of $22,660.00 and a P/E ratio of 13.51. Cie Gnrl des Etblsmnts Michelin SCA has a 1-year low of €104.75 ($129.32) 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.
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