Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) have been assigned an average recommendation of “Hold” from the sixteen ratings firms that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is €118.79 ($141.41).

Several research analysts have issued reports on ML shares. Goldman Sachs Group, Inc. (The) set a €117.95 ($140.42) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Thursday, May 4th. Deutsche Bank AG set a €130.00 ($154.76) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Monday, May 15th. UBS AG set a €127.00 ($151.19) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Saturday, May 20th. J P Morgan Chase & Co set a €135.00 ($160.71) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Wednesday, June 14th. Finally, Morgan Stanley set a €120.00 ($142.86) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Tuesday, July 11th.

Cie Gnrl des Etblsmnts Michelin SCA (ML) traded down 0.52% during trading on Wednesday, hitting €114.20. 218,450 shares of the company’s stock were exchanged. Cie Gnrl des Etblsmnts Michelin SCA has a 12-month low of €92.11 and a 12-month high of €123.85. The firm has a market cap of €20.54 billion and a price-to-earnings ratio of 11.90. The company’s 50-day moving average price is €117.43 and its 200 day moving average price is €114.38.

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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.

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

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