Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been given a €106.00 ($124.71) target price by analysts at Berenberg Bank in a research note issued on Thursday. The brokerage presently has a “sell” rating on the stock.

Several other brokerages have also recently issued reports on ML. Deutsche Bank AG reissued a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research report on Tuesday, July 11th. Morgan Stanley set a €120.00 ($141.18) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Tuesday, July 11th. UBS AG set a €127.00 ($149.41) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Monday, July 10th. J P Morgan Chase & Co set a €135.00 ($158.82) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Wednesday, June 14th. Finally, Goldman Sachs Group, Inc. (The) set a €135.00 ($158.82) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Wednesday, June 14th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of €118.93 ($139.92).

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) traded down 1.88% on Thursday, hitting €114.60. 587,029 shares of the stock traded hands. Cie Gnrl des Etblsmnts Michelin SCA has a 52-week low of €92.11 and a 52-week high of €123.85. The stock has a market cap of €20.62 billion and a P/E ratio of 11.94. The stock’s 50 day moving average price is €117.71 and its 200 day moving average price is €113.90.

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About Cie Gnrl des Etblsmnts Michelin SCA

Compagnie Générale des Établissements Michelin manufactures, distributes, and sells tires worldwide. It offers tires for cars, vans, trucks, buses, farm machinery, earthmovers, mining and handling equipment, tramways, metros, aircraft, motorcycles, scooters, and bicycles. The company provides its products primarily under the BFGoodrich, KLEBER, UNIROYAL, TIGAR, KORMORAN, RIKEN, TAURUS, SIAMTYRE, and WARRIOR brand names.

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

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