Cie Gnrl des Etblsmnts Michelin SCA (ML) Given a €150.00 Price Target at Goldman Sachs Group

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been assigned a €150.00 ($185.19) target price by stock analysts at Goldman Sachs Group in a research report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective would indicate a potential upside of 16.46% from the company’s previous close.

A number of other equities analysts have also recently issued reports on the company. UBS Group set a €129.00 ($159.26) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a report on Monday. Morgan Stanley set a €135.00 ($166.67) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a report on Friday, January 26th. Bank of America set a €140.00 ($172.84) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a report on Friday, January 26th. Deutsche Bank restated a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a report on Tuesday, January 23rd. Finally, BNP Paribas set a €138.00 ($170.37) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “neutral” rating in a report on Friday, January 19th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of €130.69 ($161.34).

Shares of Cie Gnrl des Etblsmnts Michelin SCA (ML) traded up €0.25 ($0.31) on Wednesday, reaching €128.80 ($159.01). The company’s stock had a trading volume of 504,858 shares, compared to its average volume of 459,913. Cie Gnrl des Etblsmnts Michelin SCA has a 12-month low of €98.93 ($122.14) and a 12-month high of €130.85 ($161.54). The company has a market capitalization of $23,120.00 and a PE ratio of 13.42.

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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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