Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Receives €149.75 Consensus Target Price from Analysts

Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) has received an average recommendation of “Buy” from the eight brokerages that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a buy recommendation. The average 1-year price target among brokerages that have covered the stock in the last year is €149.75 ($176.18).

ML has been the topic of a number of research reports. JPMorgan Chase & Co. set a €160.00 ($188.24) target price on Compagnie Générale des Établissements Michelin Société en commandite par actions in a report on Monday. The Goldman Sachs Group set a €141.00 ($165.88) target price on shares of Compagnie Générale des Établissements Michelin Société en commandite par actions in a research report on Tuesday, July 27th. Barclays set a €150.00 ($176.47) target price on shares of Compagnie Générale des Établissements Michelin Société en commandite par actions in a research note on Friday, July 2nd. Royal Bank of Canada set a €143.00 ($168.24) price target on shares of Compagnie Générale des Établissements Michelin Société en commandite par actions in a research note on Thursday, September 9th. Finally, Kepler Capital Markets set a €160.00 ($188.24) price objective on Compagnie Générale des Établissements Michelin Société en commandite par actions and gave the stock a “buy” rating in a report on Monday, June 28th.

Shares of Compagnie Générale des Établissements Michelin Société en commandite par actions stock traded up €0.10 ($0.12) during midday trading on Friday, hitting €136.65 ($160.76). The company’s stock had a trading volume of 360,907 shares, compared to its average volume of 561,093. Compagnie Générale des Établissements Michelin Société en commandite par actions has a 1-year low of €106.95 ($125.82) and a 1-year high of €130.85 ($153.94). The stock has a 50-day simple moving average of €138.36 and a 200-day simple moving average of €130.94.

Compagnie Générale des Établissements Michelin Société en commandite par actions Company Profile

Compagnie Générale des Ãtablissements Michelin Société en commandite par actions manufactures and sells tires worldwide. It operates through three segments: Automotive and Related Distribution, Road Transportation and Related Distribution, and Specialty Businesses and Related Distribution. The company offers tires for private use covering cars, motorcycles, bikes, scooters, and mopeds; and professional use, such as freight and passenger transport, tradesmen, professional and UV fleets, civil engineering, agriculture, aircrafts, surface mining, and metros and trams.

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Analyst Recommendations for Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML)

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