Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) received a €125.00 ($147.06) price target from equities research analysts at Morgan Stanley in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the stock.

Other analysts have also issued reports about the company. Goldman Sachs Group, Inc. (The) set a €135.00 ($158.82) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Tuesday, August 1st. J P Morgan Chase & Co set a €160.00 ($188.24) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Wednesday, September 13th. UBS AG set a €129.00 ($151.76) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Friday. Deutsche Bank AG set a €130.00 ($152.94) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Friday. Finally, HSBC Holdings plc set a €125.00 ($147.06) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a report on Friday, October 13th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of €122.31 ($143.90).

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) traded up 0.88% on Friday, reaching €121.00. The company had a trading volume of 495,095 shares. The stock has a market capitalization of €21.77 billion and a P/E ratio of 12.61. The stock’s 50 day moving average is €120.36 and its 200-day moving average is €117.98. Cie Gnrl des Etblsmnts Michelin SCA has a 1-year low of €92.11 and a 1-year high of €125.70.

COPYRIGHT VIOLATION WARNING: This piece of content was originally posted by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US & international copyright & trademark law. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/10/20/cie-gnrl-des-etblsmnts-michelin-sca-ml-pt-set-at-125-00-by-morgan-stanley.html.

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)

Receive News & Ratings for Cie Gnrl des Etblsmnts Michelin SCA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cie Gnrl des Etblsmnts Michelin SCA and related companies with MarketBeat.com's FREE daily email newsletter.