Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been assigned a €127.00 ($149.41) target price by research analysts at UBS AG in a research note issued on Monday, July 10th, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock.

Other research analysts have also recently issued research reports about the stock. Goldman Sachs Group, Inc. (The) set a €135.00 ($158.82) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a report on Wednesday, June 14th. Deutsche Bank AG set a €130.00 ($152.94) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a report on Monday, May 29th. J P Morgan Chase & Co set a €120.00 ($141.18) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Monday, April 24th. Finally, Citigroup Inc. set a €123.00 ($144.71) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Tuesday, March 28th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of €117.20 ($137.88).

Cie Gnrl des Etblsmnts Michelin SCA (ML) traded up 0.56% during midday trading on Monday, hitting €117.35. 301,822 shares of the stock traded hands. The company has a 50-day moving average of €118.76 and a 200-day moving average of €112.79. Cie Gnrl des Etblsmnts Michelin SCA has a 1-year low of €89.53 and a 1-year high of €123.85. The stock has a market cap of €21.11 billion and a PE ratio of 12.23.

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About Cie Gnrl des Etblsmnts Michelin SCA

Compagnie Générale des Établissements Michelin manufactures, distributes, and sells tires worldwide. It offers tires for cars, vans, trucks, buses, farm machinery, earthmovers, mining and handling equipment, tramways, metros, aircraft, motorcycles, scooters, and bicycles. The company provides its products primarily under the BFGoodrich, KLEBER, UNIROYAL, TIGAR, KORMORAN, RIKEN, TAURUS, SIAMTYRE, and WARRIOR brand names.

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

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