Citigroup Inc. set a €117.00 ($123.16) target price on Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) in a report released on Tuesday morning. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued reports about the company. Deutsche Bank AG set a €115.00 ($121.05) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Friday, November 25th. JPMorgan Chase & Co. set a €100.00 ($105.26) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a neutral rating in a report on Thursday, October 20th. Goldman Sachs Group Inc. set a €114.00 ($120.00) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Wednesday, November 23rd. Jefferies Group set a €93.00 ($97.89) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a sell rating in a report on Tuesday. Finally, HSBC set a €100.00 ($105.26) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a neutral rating in a report on Monday, November 21st. Five research analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of €98.31 ($103.48).

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

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at 101.50 on Tuesday. Cie Gnrl des Etblsmnts Michelin SCA has a one year low of €77.40 and a one year high of €102.20. The firm has a market capitalization of €18.32 billion and a PE ratio of 15.35. The firm has a 50-day moving average price of €97.63 and a 200 day moving average price of €93.38.

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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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