Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been given a €93.00 ($97.89) target price by equities researchers at Jefferies Group in a research note issued on Tuesday. The firm presently has a “sell” rating on the stock.

ML has been the subject of several other reports. Deutsche Bank AG set a €115.00 ($121.05) 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. Goldman Sachs Group Inc. set a €98.00 ($103.16) 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. Barclays PLC set a €84.00 ($88.42) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a report on Friday, October 14th. JPMorgan Chase & Co. set a €100.00 ($105.26) 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. Finally, Morgan Stanley set a €105.00 ($110.53) 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. Five analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company’s stock. Cie Gnrl des Etblsmnts Michelin SCA presently has an average rating of “Hold” and a consensus target price of €98.31 ($103.48).

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

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at 101.00 on Tuesday. The company has a market cap of €18.23 billion and a PE ratio of 15.27. The firm’s 50-day moving average is €97.63 and its 200-day moving average is €93.38. Cie Gnrl des Etblsmnts Michelin SCA has a 12 month low of €77.40 and a 12 month high of €102.20.

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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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