Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been given a €130.00 ($152.94) price objective by Deutsche Bank AG in a research report issued on Wednesday. The brokerage presently has a “buy” rating on the stock.

ML has been the subject of a number of other reports. Morgan Stanley set a €120.00 ($141.18) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Tuesday, July 11th. UBS AG set a €127.00 ($149.41) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Monday, July 10th. J P Morgan Chase & Co reissued a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research note on Wednesday, August 16th. Jefferies Group LLC set a €115.00 ($135.29) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a report on Monday, August 7th. Finally, Berenberg Bank set a €106.00 ($124.71) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a report on Thursday, August 17th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of €121.75 ($143.24).

Cie Gnrl des Etblsmnts Michelin SCA (ML) opened at 122.20 on Wednesday. The stock’s 50 day moving average is €118.47 and its 200 day moving average is €117.11. The firm has a market cap of €21.98 billion and a P/E ratio of 12.74. 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.

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

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