Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) received a €117.00 ($123.16) target price from Citigroup Inc. in a note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock.

Several other research analysts have also recently issued reports on the stock. Jefferies Group set a €93.00 ($97.89) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “sell” rating in a report on Tuesday. Deutsche Bank AG set a €115.00 ($121.05) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Friday, November 25th. Goldman Sachs Group Inc. set a €114.00 ($120.00) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Wednesday, November 23rd. Berenberg Bank set a €80.00 ($84.21) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a report on Tuesday, November 22nd. Finally, HSBC set a €100.00 ($105.26) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a report on Monday, November 21st. Five research analysts have rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of €98.31 ($103.48).

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

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at 101.00 on Tuesday. The firm has a 50-day moving average of €97.63 and a 200 day moving average of €93.38. The stock has a market capitalization of €18.23 billion and a PE ratio of 15.27. Cie Gnrl des Etblsmnts Michelin SCA has a one year low of €77.40 and a one year high of €102.20.

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Cie Gnrl des Etblsmnts Michelin SCA Company Profile

Compagnie Generale des Etablissements Michelin SCA (Michelin SCA) is a France-based company, which is mainly engaged in the manufacture and distribution of tires for a variety of vehicles. In addition, it publishes maps and guides, and offers digital products and services. The Company’s main activity is the production of tires for passenger cars, two-wheeled vehicles, trucks, agricultural equipment and aircraft, among others, which are sold through such distribution divisions as Euromaster in Europe and TCI in the United States.

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