Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been assigned a €80.00 ($86.02) target price by investment analysts at Berenberg Bank in a research report issued on Tuesday. The brokerage currently has a “sell” rating on the stock.

A number of other brokerages also recently issued reports on ML. JPMorgan Chase & Co. set a €100.00 ($107.53) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a research report on Thursday, October 20th. HSBC set a €100.00 ($107.53) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a research report on Monday. Deutsche Bank AG set a €115.00 ($123.66) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research report on Thursday, October 20th. BNP Paribas set a €93.00 ($100.00) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research report on Wednesday, July 27th. Finally, Morgan Stanley set a €105.00 ($112.90) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research report on Thursday, October 20th. Four analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. The stock 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)

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at 99.86 on Tuesday. The stock has a market cap of €18.03 billion and a P/E ratio of 15.10. The stock has a 50 day moving average of €97.29 and a 200 day moving average of €93.02. Cie Gnrl des Etblsmnts Michelin SCA has a one year low of €77.40 and a one year high of €100.30.

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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