Deutsche Bank Analysts Give Cie Gnrl des Etblsmnts Michelin SCA (ML) a €150.00 Price Target

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been assigned a €150.00 ($185.19) price target by research analysts at Deutsche Bank in a research report issued on Tuesday. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price objective would indicate a potential upside of 20.72% from the company’s current price.

Several other equities analysts have also weighed in on ML. UBS Group set a €129.00 ($159.26) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Thursday, November 16th. Goldman Sachs Group set a €150.00 ($185.19) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Tuesday. Bank of America set a €140.00 ($172.84) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Friday, January 26th. JPMorgan Chase & Co. set a €145.00 ($179.01) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Friday, January 5th. Finally, Morgan Stanley set a €135.00 ($166.67) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a report on Friday, January 26th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of €132.94 ($164.12).

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA ML) opened at €124.25 ($153.40) on Tuesday. Cie Gnrl des Etblsmnts Michelin SCA has a 12 month low of €101.60 ($125.43) and a 12 month high of €130.85 ($161.54). The company has a market cap of $22,310.00 and a P/E ratio of 13.30.

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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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