Morgan Stanley Analysts Give Cie Gnrl des Etblsmnts Michelin SCA (ML) a €135.00 Price Target

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been assigned a €135.00 ($166.67) price target by research analysts at Morgan Stanley in a note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Morgan Stanley’s price target would suggest a potential upside of 9.85% from the stock’s current price.

Other analysts also recently issued reports about the stock. UBS Group set a €135.00 ($166.67) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research report on Tuesday. JPMorgan Chase & Co. set a €145.00 ($179.01) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research report on Tuesday. Deutsche Bank set a €150.00 ($185.19) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research report on Tuesday. Goldman Sachs Group set a €150.00 ($185.19) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research report on Tuesday. Finally, Bank of America set a €140.00 ($172.84) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research report on Friday, January 26th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of €132.31 ($163.35).

Cie Gnrl des Etblsmnts Michelin SCA (ML) opened at €122.90 ($151.73) on Tuesday. Cie Gnrl des Etblsmnts Michelin SCA has a 52-week low of €101.35 ($125.12) and a 52-week high of €130.85 ($161.54). The firm has a market cap of $22,060.00 and a P/E ratio of 12.80.

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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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