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

Morgan Stanley set a €130.00 ($154.76) target price on Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) in a research note issued to investors on Thursday morning. The firm currently has a buy rating on the stock.

Several other analysts have also recently issued reports on ML. JPMorgan Chase & Co. set a €160.00 ($190.48) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Wednesday, September 13th. UBS Group restated a buy rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research report on Thursday, September 14th. Deutsche Bank restated a buy rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research report on Friday, September 15th. Kepler Capital Markets set a €130.00 ($154.76) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Tuesday, September 19th. Finally, set a €125.00 ($148.81) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a neutral rating in a research report on Friday, October 13th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average price target of €127.07 ($151.27).

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA ML) traded up €0.40 ($0.48) during midday trading on Thursday, hitting €128.85 ($153.39). 457,343 shares of the stock traded hands, compared to its average volume of 494,839. The stock has a market cap of $23,120.00 and a PE ratio of 13.42. Cie Gnrl des Etblsmnts Michelin SCA has a 52-week low of €98.93 ($117.77) and a 52-week high of €130.20 ($155.00).

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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.

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

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