Cie Gnrl des Etblsmnts Michelin SCA (ML) Given a €115.00 Price Target by HSBC Analysts

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) received a €115.00 ($133.72) price objective from investment analysts at HSBC in a research report issued to clients and investors on Friday. The brokerage presently has a “buy” rating on the stock.

A number of other equities research analysts have also recently weighed in on ML. UBS Group set a €112.00 ($130.23) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Tuesday, October 23rd. Jefferies Financial Group set a €120.00 ($139.53) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Friday, October 12th. JPMorgan Chase & Co. set a €130.00 ($151.16) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Wednesday, September 26th. Kepler Capital Markets set a €145.00 ($168.60) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Thursday, September 20th. Finally, Deutsche Bank set a €150.00 ($174.42) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Tuesday, August 28th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of €118.02 ($137.23).

Cie Gnrl des Etblsmnts Michelin SCA has a 1-year low of €106.95 ($124.36) and a 1-year high of €130.85 ($152.15).

Cie Gnrl des Etblsmnts Michelin SCA Company Profile

Compagnie Générale des Établissements Michelin manufactures, distributes, and sells tires worldwide. The company operates through three segments: Passenger Car and Light Truck Tires and Related Distribution; Truck Tires and Related Distribution; and Specialty Businesses. It offers tires for cars, vans, trucks, buses, farm machinery, earthmovers, mining and handling equipment, tramways, metros, aircraft, motorcycles, scooters, and bicycles.

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

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