Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been assigned a €129.00 ($151.76) price target by analysts at UBS AG in a note issued to investors on Wednesday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock.

A number of other research firms have also recently weighed in on ML. Morgan Stanley set a €120.00 ($141.18) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Tuesday, July 11th. J P Morgan Chase & Co reissued a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a report on Wednesday, August 16th. Jefferies Group LLC set a €115.00 ($135.29) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a report on Monday, August 7th. Deutsche Bank AG reissued a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a report on Friday, September 15th. Finally, Berenberg Bank set a €106.00 ($124.71) price target on 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 given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of €122.06 ($143.60).

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA ML) traded down 0.12% on Wednesday, reaching €122.55. The company’s stock had a trading volume of 110,640 shares. The company has a market capitalization of €22.05 billion and a price-to-earnings ratio of 12.77. Cie Gnrl des Etblsmnts Michelin SCA has a 1-year low of €92.11 and a 1-year high of €125.70. The stock has a 50-day moving average price of €119.17 and a 200-day moving average price of €117.54.

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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.

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

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