Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) have been assigned a consensus rating of “Hold” from the fourteen research firms that are presently covering the firm. Four research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is €96.76 ($104.04).

Several analysts have issued reports on ML shares. Morgan Stanley restated a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a report on Monday, November 7th. Barclays PLC set a €84.00 ($90.32) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a report on Friday, October 14th. BNP Paribas set a €99.00 ($106.45) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Tuesday, October 4th. Berenberg Bank set a €80.00 ($86.02) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a report on Tuesday, November 22nd. Finally, Goldman Sachs Group Inc. set a €98.00 ($105.38) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a report on Friday, August 19th.

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Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at 101.10 on Wednesday. The company has a 50 day moving average price of €97.58 and a 200 day moving average price of €93.28. Cie Gnrl des Etblsmnts Michelin SCA has a 12-month low of €77.40 and a 12-month high of €102.20. The company has a market capitalization of €18.25 billion and a P/E ratio of 15.29.

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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