Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) Price Target Raised to €35.00 at Barclays

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDYGet Rating) had its price objective lifted by Barclays from €30.00 ($30.61) to €35.00 ($35.71) in a research note released on Monday morning, The Fly reports.

Other equities research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. dropped their price target on shares of Compagnie Générale des Établissements Michelin Société en commandite par actions from €23.50 ($23.98) to €20.00 ($20.41) in a research report on Tuesday, October 4th. Morgan Stanley dropped their price objective on shares of Compagnie Générale des Établissements Michelin Société en commandite par actions from €36.00 ($36.73) to €34.00 ($34.69) in a report on Monday, October 10th. Royal Bank of Canada dropped their price objective on shares of Compagnie Générale des Établissements Michelin Société en commandite par actions from €44.00 ($44.90) to €36.00 ($36.73) in a report on Thursday, July 28th. Finally, Exane BNP Paribas cut shares of Compagnie Générale des Établissements Michelin Société en commandite par actions from a neutral rating to an underperform rating and set a €25.00 ($25.51) price objective for the company. in a report on Friday, November 18th.

Compagnie Générale des Établissements Michelin Société en commandite par actions Trading Up 1.0 %

Shares of MGDDY opened at $13.82 on Monday. Compagnie Générale des Établissements Michelin Société en commandite par actions has a 1-year low of $10.65 and a 1-year high of $22.23. The firm has a 50-day simple moving average of $12.17 and a two-hundred day simple moving average of $15.42.

Compagnie Générale des Établissements Michelin Société en commandite par actions Company Profile

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Compagnie Générale des Établissements Michelin SCA engages in the manufacture, distribution and sale of tires. Its products and services include tires, mobility services, lifestyle products, Michelin solutions and Michelin engineering and services. The company operates through the following segments: Passenger car and Light truck tires and related distribution, Truck tires and related distribution, and Specialty businesses.

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