Cie Gnrl des Etblsmnts Michelin SCA (ML) Given a €130.00 Price Target at Morgan Stanley

Morgan Stanley set a €130.00 ($154.76) price objective on Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) in a research note published on Friday. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. set a €160.00 ($190.48) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a buy rating in a report on Wednesday, September 13th. Deutsche Bank set a €130.00 ($154.76) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a buy rating in a report on Friday, October 20th. set a €125.00 ($148.81) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a neutral rating in a report on Friday, October 13th. Kepler Capital Markets set a €130.00 ($154.76) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a buy rating in a report on Tuesday, September 19th. Finally, UBS Group set a €129.00 ($153.57) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a buy rating in a report on Wednesday, October 11th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the stock. Cie Gnrl des Etblsmnts Michelin SCA presently has a consensus rating of Hold and an average target price of €127.07 ($151.27).

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at €125.95 ($149.94) on Friday. Cie Gnrl des Etblsmnts Michelin SCA has a twelve month low of €98.93 ($117.77) and a twelve month high of €128.40 ($152.86). The firm has a market capitalization of $22,600.00 and a price-to-earnings ratio of 13.12.

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Cie Gnrl des Etblsmnts Michelin SCA Company Profile

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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