Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been assigned a €135.00 ($151.69) price objective by analysts at J P Morgan Chase & Co in a research note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock.

Several other research firms also recently commented on ML. Goldman Sachs Group, Inc. (The) set a €117.95 ($132.53) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Thursday, May 4th. BNP Paribas set a €111.00 ($124.72) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a research note on Wednesday, March 29th. S&P Global set a €100.00 ($112.36) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a research note on Wednesday, February 15th. Barclays PLC set a €92.00 ($103.37) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a research note on Wednesday, April 19th. Finally, HSBC Holdings plc set a €107.50 ($120.79) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a research note on Thursday, February 16th. Four analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. Cie Gnrl des Etblsmnts Michelin SCA presently has a consensus rating of “Hold” and an average target price of €111.75 ($125.56).

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

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA ML) opened at 121.10 on Wednesday. Cie Gnrl des Etblsmnts Michelin SCA has a 12 month low of €79.80 and a 12 month high of €123.10. The company has a 50-day moving average of €118.02 and a 200 day moving average of €109.27. The company has a market cap of €21.81 billion and a PE ratio of 13.42.

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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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