Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been given a €99.00 ($110.00) target price by BNP Paribas in a report issued on Tuesday. The firm presently has a a “buy” rating on the stock.

ML has been the topic of several other research reports. Goldman Sachs Group Inc. set a €98.00 ($108.89) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a research note on Friday, August 19th. JPMorgan Chase & Co. set a €100.00 ($111.11) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a research note on Monday, July 11th. Societe Generale set a €107.00 ($118.89) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Tuesday, June 28th. Deutsche Bank AG set a €115.00 ($127.78) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Tuesday, June 28th. Finally, Barclays PLC set a €82.00 ($91.11) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a research note on Wednesday, July 6th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of €96.53 ($107.26).

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at 98.85 on Tuesday. Cie Gnrl des Etblsmnts Michelin SCA has a 52 week low of €77.40 and a 52 week high of €100.30. The firm has a 50 day moving average price of €95.98 and a 200 day moving average price of €91.50. The stock has a market capitalization of €17.84 billion and a P/E ratio of 14.95.

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.

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