Goldman Sachs Group, Inc. (The) set a €135.00 ($156.98) target price on Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) in a research report released on Wednesday morning. The firm currently has a buy rating on the stock.

Other research analysts also recently issued research reports about the stock. UBS AG set a €127.00 ($147.67) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Monday, July 10th. J P Morgan Chase & Co set a €135.00 ($156.98) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Wednesday, June 14th. Deutsche Bank AG set a €130.00 ($151.16) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Monday, May 29th. Citigroup Inc. set a €123.00 ($143.02) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Tuesday, March 28th. Finally, Morgan Stanley set a €120.00 ($139.53) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a report on Tuesday, July 11th. Four analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of Hold and an average target price of €115.93 ($134.81).

Cie Gnrl des Etblsmnts Michelin SCA (ML) opened at 114.80 on Wednesday. The stock has a market cap of €20.67 billion and a P/E ratio of 12.72. Cie Gnrl des Etblsmnts Michelin SCA has a 12-month low of €89.53 and a 12-month high of €123.85. The stock has a 50 day moving average price of €118.90 and a 200 day moving average price of €112.55.

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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.

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

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