Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has received an average rating of “Hold” from the fifteen ratings firms that are covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is €113.50 ($128.98).

A number of research firms recently issued reports on ML. HSBC Holdings plc set a €125.00 ($142.05) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “neutral” rating in a report on Friday. Deutsche Bank AG reiterated a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research note on Tuesday, July 11th. Morgan Stanley set a €120.00 ($136.36) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Tuesday, July 11th. UBS AG set a €127.00 ($144.32) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Monday, July 10th. Finally, J P Morgan Chase & Co set a €135.00 ($153.41) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Wednesday, June 14th.

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Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA ML) traded up 0.29% on Tuesday, reaching €122.65. 275,081 shares of the company were exchanged. Cie Gnrl des Etblsmnts Michelin SCA has a 12-month low of €87.42 and a 12-month high of €123.65. The firm has a market capitalization of €22.09 billion and a PE ratio of 13.59. The company’s 50 day moving average is €118.10 and its 200 day moving average is €110.69.

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.

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

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