Shares of Compagnie Générale des Établissements Michelin (EPA:ML) have earned an average recommendation of “Hold” from the sixteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is €124.19 ($144.40).

Several equities research analysts have issued reports on ML shares. S&P Global set a €107.00 ($124.42) price target on Compagnie Générale des Établissements Michelin and gave the company a “sell” rating in a report on Wednesday, July 26th. Goldman Sachs Group, Inc. (The) set a €135.00 ($156.98) target price on Compagnie Générale des Établissements Michelin and gave the stock a “buy” rating in a report on Wednesday, July 26th. UBS AG set a €127.00 ($147.67) target price on Compagnie Générale des Établissements Michelin and gave the stock a “buy” rating in a report on Wednesday, July 26th. Societe Generale set a €123.00 ($143.02) target price on Compagnie Générale des Établissements Michelin and gave the stock a “neutral” rating in a report on Wednesday, July 26th. Finally, Jefferies Group LLC set a €115.00 ($133.72) target price on Compagnie Générale des Établissements Michelin and gave the stock a “neutral” rating in a report on Monday, August 7th.

Compagnie Générale des Établissements Michelin (EPA:ML) traded down €1.00 ($1.16) on Monday, reaching €119.00 ($138.37). 304,062 shares of the company were exchanged, compared to its average volume of 421,993. Compagnie Générale des Établissements Michelin has a 1-year low of €94.32 ($109.67) and a 1-year high of €128.40 ($149.30).

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About Compagnie Générale des Établissements Michelin

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 Compagnie Générale des Établissements Michelin (EPA:ML)

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