Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) have received an average rating of “Hold” from the fourteen ratings firms that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a sell recommendation, four have given a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is €111.75 ($125.56).

ML has been the subject of a number of recent analyst reports. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research report on Tuesday, March 21st. Citigroup Inc. set a €117.00 ($131.46) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a report on Thursday, February 16th. Jefferies Group LLC set a €96.00 ($107.87) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “sell” rating in a report on Friday, February 24th. Deutsche Bank AG set a €130.00 ($146.07) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a report on Monday, May 29th. Finally, HSBC Holdings plc set a €107.50 ($120.79) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “neutral” rating in a report on Thursday, February 16th.

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Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA ML) opened at 120.15 on Friday. The company has a market capitalization of €21.63 billion and a PE ratio of 13.31. Cie Gnrl des Etblsmnts Michelin SCA has a 52 week low of €79.80 and a 52 week high of €123.10. The company has a 50 day moving average price of €118.12 and a 200 day moving average price of €109.48.

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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