HSBC set a €100.00 ($107.53) target price on Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) in a report released on Monday morning. The firm currently has a neutral rating on the stock.

A number of other equities analysts also recently issued reports on the stock. JPMorgan Chase & Co. set a €100.00 ($107.53) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a neutral rating in a report on Thursday, October 20th. Deutsche Bank AG set a €115.00 ($123.66) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Thursday, October 20th. BNP Paribas set a €93.00 ($100.00) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Wednesday, July 27th. Morgan Stanley set a €105.00 ($112.90) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Thursday, October 20th. Finally, Goldman Sachs Group Inc. set a €98.00 ($105.38) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a neutral rating in a report on Friday, August 19th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. Cie Gnrl des Etblsmnts Michelin SCA currently has a consensus rating of Hold and an average price target of €96.21 ($103.45).

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

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at 100.10 on Monday. Cie Gnrl des Etblsmnts Michelin SCA has a 1-year low of €77.40 and a 1-year high of €100.30. The firm’s 50-day moving average price is €97.29 and its 200 day moving average price is €93.02. The firm has a market capitalization of €18.07 billion and a price-to-earnings ratio of 15.14.

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.

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