UBS Analysts Give Cie Gnrl des Etblsmnts Michelin SCA (ML) a €129.00 Price Target

UBS set a €129.00 ($153.57) target price on Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) in a report released on Friday, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.

Other equities research analysts also recently issued research reports about the company. Goldman Sachs Group set a €137.00 ($163.10) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Tuesday, August 22nd. Jefferies Group set a €145.00 ($172.62) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Thursday, November 2nd. Oddo Bhf set a €140.00 ($166.67) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Monday, August 28th. Morgan Stanley set a €125.00 ($148.81) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Monday, October 9th. Finally, J P Morgan Chase & Co set a €145.00 ($172.62) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Friday, October 20th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company. The company has an average rating of Hold and a consensus target price of €126.31 ($150.37).

Cie Gnrl des Etblsmnts Michelin SCA (EPA ML) opened at €120.60 ($143.57) on Friday. Cie Gnrl des Etblsmnts Michelin SCA has a 1 year low of €98.93 ($117.77) and a 1 year high of €128.40 ($152.86).

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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.

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