Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has earned a consensus recommendation of “Hold” from the fourteen research firms that are currently covering the company. Four investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is €109.46 ($120.29).

Several research firms have recently issued reports on ML. Goldman Sachs Group Inc set a €113.00 ($124.18) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Monday, February 13th. Barclays PLC set a €86.00 ($94.51) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a research note on Tuesday, February 7th. Jefferies Group LLC set a €96.00 ($105.49) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a research note on Friday, February 24th. Citigroup Inc set a €123.00 ($135.16) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Tuesday, March 28th. Finally, Morgan Stanley set a €110.00 ($120.88) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Wednesday, February 1st.

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at 117.50 on Monday. Cie Gnrl des Etblsmnts Michelin SCA has a one year low of €79.80 and a one year high of €123.10. The company has a 50-day moving average price of €116.45 and a 200 day moving average price of €106.92.

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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.

12 Month Chart for EPA:ML

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