Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been assigned a €130.00 ($154.76) price target by equities research analysts at Morgan Stanley in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Morgan Stanley’s price objective would indicate a potential upside of 3.22% from the stock’s previous close.

ML has been the subject of a number of other reports. Kepler Capital Markets set a €130.00 ($154.76) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a report on Wednesday, September 27th. set a €125.00 ($148.81) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “neutral” rating in a report on Friday, October 13th. JPMorgan Chase & Co. set a €145.00 ($172.62) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a report on Friday, October 20th. Jefferies Group set a €145.00 ($172.62) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a report on Thursday, November 2nd. Finally, Goldman Sachs Group set a €133.00 ($158.33) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a report on Thursday, October 19th. Three analysts have rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of €127.07 ($151.27).

Cie Gnrl des Etblsmnts Michelin SCA (ML) traded up €2.50 ($2.98) on Friday, hitting €125.95 ($149.94). The stock had a trading volume of 594,737 shares, compared to its average volume of 460,900. Cie Gnrl des Etblsmnts Michelin SCA has a 1 year low of €98.93 ($117.77) and a 1 year high of €128.40 ($152.86). The stock has a market cap of $22,600.00 and a PE ratio of 13.12.

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Cie Gnrl des Etblsmnts Michelin SCA Company Profile

Compagnie Générale des Établissements Michelin manufactures, distributes, and sells tires worldwide. It offers tires for cars, vans, trucks, buses, farm machinery, earthmovers, mining and handling equipment, tramways, metros, aircraft, motorcycles, scooters, and bicycles. The company provides its products primarily under the BFGoodrich, KLEBER, UNIROYAL, TIGAR, KORMORAN, RIKEN, TAURUS, SIAMTYRE, and WARRIOR brand names.

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

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