Brokerages Set Cie Gnrl des Etblsmnts Michelin SCA (ML) Price Target at $114.79

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been given an average recommendation of “Hold” by the thirteen ratings firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is €114.79 ($133.48).

Several research analysts have recently weighed in on ML shares. Citigroup set a €112.30 ($130.58) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Thursday, November 15th. Goldman Sachs Group set a €126.00 ($146.51) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a research report on Wednesday, October 17th. Credit Suisse Group set a €96.00 ($111.63) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a research report on Wednesday, October 24th. HSBC set a €115.00 ($133.72) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research report on Friday, November 30th. Finally, Deutsche Bank set a €135.00 ($156.98) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research report on Tuesday, October 23rd.

Cie Gnrl des Etblsmnts Michelin SCA has a 52-week low of €106.95 ($124.36) and a 52-week high of €130.85 ($152.15).

About Cie Gnrl des Etblsmnts Michelin SCA

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

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