MICHELIN (CGDE) (OTCMKTS:MGDDY) – Equities research analysts at Jefferies Group issued their Q4 2017 EPS estimates for shares of MICHELIN (CGDE) in a research report issued to clients and investors on Sunday. Jefferies Group analyst A. Kurian expects that the company will post earnings of $0.99 per share for the quarter. Jefferies Group has a “Buy” rating on the stock. Jefferies Group also issued estimates for MICHELIN (CGDE)’s FY2019 earnings at $2.70 EPS and FY2020 earnings at $2.91 EPS.
Separately, Zacks Investment Research raised MICHELIN (CGDE) from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd.
COPYRIGHT VIOLATION NOTICE: This story was first published by American Banking News and is owned by of American Banking News. If you are accessing this story on another site, it was copied illegally and reposted in violation of U.S. and international copyright & trademark law. The original version of this story can be viewed at https://www.americanbankingnews.com/2018/01/31/jefferies-group-weighs-in-on-michelin-cgdes-q4-2017-earnings-mgddy.html.
About MICHELIN (CGDE)
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.
Receive News & Ratings for MICHELIN (CGDE) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MICHELIN (CGDE) and related companies with MarketBeat.com's FREE daily email newsletter.