Cie Gnrl des Etblsmnts Michelin SCA (ML) Given a €130.00 Price Target by Kepler Capital Markets Analysts
Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been given a €130.00 ($154.76) price target by investment analysts at Kepler Capital Markets in a research report issued on Tuesday. The firm currently has a “buy” rating on the stock.
Several other equities research analysts also recently commented on ML. UBS AG reaffirmed a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a report on Thursday, September 14th. Jefferies Group LLC set a €115.00 ($136.90) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a research report on Monday, August 7th. Berenberg Bank set a €106.00 ($126.19) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a research report on Thursday, August 17th. Deutsche Bank AG reissued a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research report on Friday. Finally, Goldman Sachs Group, Inc. (The) set a €137.00 ($163.10) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research report on Tuesday, August 22nd. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Cie Gnrl des Etblsmnts Michelin SCA presently has a consensus rating of “Hold” and an average target price of €122.69 ($146.06).
Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) traded up 1.34% during mid-day trading on Tuesday, reaching €120.85. The company had a trading volume of 451,529 shares. The firm has a market capitalization of €21.74 billion and a P/E ratio of 12.60. The stock’s 50-day moving average is €116.59 and its 200 day moving average is €115.95. Cie Gnrl des Etblsmnts Michelin SCA has a 12 month low of €92.11 and a 12 month 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.
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