Cie Gnrl des Etblsmnts Michelin SCA (ML) Given a €138.00 Price Target at BNP Paribas

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been given a €138.00 ($164.29) price objective by investment analysts at BNP Paribas in a report issued on Friday. The firm currently has a “neutral” rating on the stock. BNP Paribas’ target price indicates a potential upside of 6.44% from the stock’s previous close.

Several other brokerages have also recently weighed in on ML. Deutsche Bank set a €130.00 ($154.76) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Friday, January 5th. UBS Group set a €129.00 ($153.57) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Thursday, November 16th. Goldman Sachs Group set a €152.00 ($180.95) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Friday, December 8th. JPMorgan Chase & Co. set a €145.00 ($172.62) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Monday, October 2nd. Finally, Morgan Stanley set a €125.00 ($148.81) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Friday, October 20th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of €129.87 ($154.60).

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at €129.65 ($154.35) on Friday. The firm has a market cap of $23,260.00 and a P/E ratio of 13.51. Cie Gnrl des Etblsmnts Michelin SCA has a 52 week low of €98.93 ($117.77) and a 52 week high of €130.85 ($155.77).

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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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