JPMorgan Chase & Co. set a €120.00 ($127.66) target price on Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) in a report issued on Tuesday. The brokerage currently has a buy rating on the stock.

Other analysts also recently issued reports about the stock. Morgan Stanley set a €110.00 ($117.02) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Thursday, January 26th. Deutsche Bank AG set a €115.00 ($122.34) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Wednesday, January 25th. Kepler Capital Markets set a €120.00 ($127.66) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Monday, February 6th. Goldman Sachs Group Inc set a €113.00 ($120.21) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Friday, February 3rd. Finally, Citigroup Inc set a €117.00 ($124.47) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Thursday, February 16th. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of €108.39 ($115.31).

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

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at 113.25 on Tuesday. The stock has a market capitalization of €20.39 billion and a PE ratio of 12.55. Cie Gnrl des Etblsmnts Michelin SCA has a 12 month low of €79.80 and a 12 month high of €114.20. The company has a 50-day moving average of €109.99 and a 200-day moving average of €103.81.

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About Cie Gnrl des Etblsmnts Michelin SCA

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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