Cie Gnrl des Etblsmnts Michelin SCA (ML) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) have been assigned an average rating of “Hold” from the fifteen brokerages that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is €118.02 ($137.23).

ML has been the subject of several recent research reports. Kepler Capital Markets set a €145.00 ($168.60) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a report on Thursday, September 20th. HSBC set a €130.00 ($151.16) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Tuesday, September 25th. UBS Group set a €117.00 ($136.05) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Tuesday, September 25th. JPMorgan Chase & Co. set a €130.00 ($151.16) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Wednesday, September 26th. Finally, Jefferies Financial Group set a €120.00 ($139.53) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Friday, October 12th.

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

About Cie Gnrl des Etblsmnts Michelin SCA

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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