Morgan Stanley set a €105.00 ($116.67) price objective on Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) in a research report report published on Wednesday. The firm currently has a a buy rating on the stock.

A number of other equities analysts also recently weighed in on the stock. Bank of America Corp. set a €74.00 ($82.22) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a sell rating in a report on Monday, July 11th. Goldman Sachs Group Inc. set a €90.00 ($100.00) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a neutral rating in a report on Thursday, July 21st. Societe Generale set a €107.00 ($118.89) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Wednesday, July 27th. Deutsche Bank AG set a €115.00 ($127.78) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Tuesday, June 28th. Finally, BNP Paribas set a €99.00 ($110.00) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Tuesday, October 4th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company’s stock. Cie Gnrl des Etblsmnts Michelin SCA presently has an average rating of Hold and an average target price of €96.53 ($107.26).

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at 96.11 on Wednesday. Cie Gnrl des Etblsmnts Michelin SCA has a 12 month low of €77.40 and a 12 month high of €100.30. The company’s 50 day moving average is €96.59 and its 200-day moving average is €91.94. The firm has a market cap of €17.35 billion and a PE ratio of 14.53.

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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