Cie Gnrl des Etblsmnts Michelin SCA (ML) Given a €148.00 Price Target by Goldman Sachs Group Analysts

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been given a €148.00 ($182.72) target price by investment analysts at Goldman Sachs Group in a research report issued to clients and investors on Wednesday. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s target price indicates a potential upside of 17.60% from the company’s previous close.

ML has been the topic of several other research reports. Jefferies Group set a €145.00 ($179.01) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Morgan Stanley set a €130.00 ($160.49) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Tuesday, November 28th. Deutsche Bank set a €130.00 ($160.49) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Friday, January 5th. Citigroup set a €146.00 ($180.25) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Monday, January 15th. Finally, JPMorgan Chase & Co. set a €145.00 ($179.01) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Friday, January 5th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of €132.81 ($163.97).

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at €125.85 ($155.37) on Wednesday. Cie Gnrl des Etblsmnts Michelin SCA has a 12-month low of €104.75 ($129.32) and a 12-month high of €130.85 ($161.54). The company has a market cap of $22,590.00 and a PE ratio of 13.47.

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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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