Goldman Sachs Group Inc. set a €114.00 ($122.58) target price on Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) in a research note published on Wednesday morning. The firm currently has a buy rating on the stock.

ML has been the topic of a number of other research reports. Deutsche Bank AG set a €115.00 ($123.66) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a buy rating in a report on Thursday, October 20th. Barclays PLC set a €84.00 ($90.32) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a sell rating in a report on Friday, October 14th. JPMorgan Chase & Co. set a €100.00 ($107.53) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a neutral rating in a report on Thursday, October 20th. BNP Paribas set a €99.00 ($106.45) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a buy rating in a research report on Tuesday, October 4th. Finally, Morgan Stanley set a €105.00 ($112.90) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a buy rating in a research report on Thursday, October 20th. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of €97.35 ($104.68).

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at 101.15 on Wednesday. Cie Gnrl des Etblsmnts Michelin SCA has a 12 month low of €77.40 and a 12 month high of €102.20. The firm’s 50-day moving average is €97.45 and its 200 day moving average is €93.16. The firm has a market capitalization of €18.26 billion and a P/E ratio of 15.30.

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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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