Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML)‘s stock had its “buy” rating reiterated by analysts at UBS AG in a research note issued on Thursday, www.boersen-zeitung.de reports.

Other equities research analysts have also recently issued reports about the company. Goldman Sachs Group, Inc. (The) set a €135.00 ($160.71) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Tuesday, August 1st. J P Morgan Chase & Co set a €160.00 ($190.48) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Wednesday. Societe Generale set a €123.00 ($146.43) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a research note on Wednesday, July 26th. Jefferies Group LLC set a €115.00 ($136.90) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a research note on Monday, August 7th. Finally, Berenberg Bank set a €106.00 ($126.19) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a research note on Thursday, August 17th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of €122.06 ($145.31).

Shares of Cie Gnrl des Etblsmnts Michelin SCA (ML) opened at 116.60 on Thursday. The firm’s 50-day moving average is €116.21 and its 200-day moving average is €115.60. The firm has a market capitalization of €20.98 billion and a P/E ratio of 12.15. Cie Gnrl des Etblsmnts Michelin SCA has a 52 week low of €92.11 and a 52 week high of €123.85.

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About Cie Gnrl des Etblsmnts Michelin SCA

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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