UBS Group set a €117.00 ($136.05) price target on Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) in a research report sent to investors on Monday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
Other research analysts have also recently issued research reports about the company. Kepler Capital Markets set a €145.00 ($168.60) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Tuesday, April 24th. Deutsche Bank set a €150.00 ($174.42) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Tuesday, June 19th. Goldman Sachs Group set a €143.00 ($166.28) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Friday, April 27th. JPMorgan Chase & Co. set a €145.00 ($168.60) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Tuesday, March 20th. Finally, Morgan Stanley set a €129.00 ($150.00) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a neutral rating in a research report on Tuesday, June 26th. Two analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of €132.27 ($153.80).
Get Cie Gnrl des Etblsmnts Michelin SCA alerts:Shares of Cie Gnrl des Etblsmnts Michelin SCA opened at €126.65 ($147.27) on Monday, Marketbeat Ratings reports. Cie Gnrl des Etblsmnts Michelin SCA has a 12-month low of €106.95 ($124.36) and a 12-month high of €130.85 ($152.15).
About Cie Gnrl des Etblsmnts Michelin SCA
Compagnie G茅n茅rale des �tablissements Michelin manufactures, distributes, and sells tires worldwide. The company operates through three segments: Passenger Car and Light Truck Tires and Related Distribution; Truck Tires and Related Distribution; and Specialty Businesses. It offers tires for cars, vans, trucks, buses, farm machinery, earthmovers, mining and handling equipment, tramways, metros, aircraft, motorcycles, scooters, and bicycles.
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