Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) received a €95.00 ($110.47) price target from Berenberg Bank in a report released on Friday. The firm currently has a “sell” rating on the stock. Berenberg Bank’s price objective would suggest a potential downside of 24.99% from the company’s previous close.

A number of other research analysts have also issued reports on ML. UBS Group set a €117.00 ($136.05) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Monday, July 9th. Deutsche Bank set a €150.00 ($174.42) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research note on Tuesday, June 19th. Cfra set a €105.00 ($122.09) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a research note on Tuesday, July 24th. Morgan Stanley set a €129.00 ($150.00) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a research note on Tuesday, June 26th. Finally, JPMorgan Chase & Co. set a €130.00 ($151.16) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Tuesday, July 24th. Two analysts have rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the company’s stock. Cie Gnrl des Etblsmnts Michelin SCA currently has a consensus rating of “Hold” and a consensus price target of €127.88 ($148.69).

Cie Gnrl des Etblsmnts Michelin SCA stock opened at €126.65 ($147.27) on Friday. Cie Gnrl des Etblsmnts Michelin SCA has a 52-week low of €106.95 ($124.36) and a 52-week high of €130.85 ($152.15).

About Cie Gnrl des Etblsmnts Michelin SCA

Compagnie Générale des Établissements Michelin manufactures, distributes, and sells tires worldwide. The company operates through three segments: Passenger Car and Light Truck Tires and Related Distribution; Truck Tires and Related Distribution; and Specialty Businesses. It offers tires for cars, vans, trucks, buses, farm machinery, earthmovers, mining and handling equipment, tramways, metros, aircraft, motorcycles, scooters, and bicycles.

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

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