Cie Gnrl des Etblsmnts Michelin SCA (ML) PT Set at €129.00 by UBS AG

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been assigned a €129.00 ($151.76) target price by investment analysts at UBS AG in a report issued on Wednesday. The brokerage presently has a “buy” rating on the stock.

Several other research analysts have also recently issued reports on ML. Goldman Sachs Group, Inc. (The) set a €135.00 ($158.82) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Wednesday, June 14th. J P Morgan Chase & Co set a €135.00 ($158.82) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Wednesday, June 14th. Morgan Stanley set a €120.00 ($141.18) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Tuesday, July 11th. Deutsche Bank AG reissued a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research note on Tuesday, July 11th. Finally, HSBC Holdings plc set a €125.00 ($147.06) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “neutral” rating in a research note on Friday, July 14th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of €122.06 ($143.60).

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) traded down 0.20% on Wednesday, hitting €122.45. The stock had a trading volume of 113,968 shares. The stock’s 50-day moving average is €119.17 and its 200 day moving average is €117.54. Cie Gnrl des Etblsmnts Michelin SCA has a 1-year low of €92.11 and a 1-year high of €125.70. The firm has a market capitalization of €22.03 billion and a price-to-earnings ratio of 12.76.

TRADEMARK VIOLATION NOTICE: This story was originally reported by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international copyright law. The correct version of this story can be accessed at https://stocknewstimes.com/2017/10/11/cie-gnrl-des-etblsmnts-michelin-sca-ml-pt-set-at-129-00-by-ubs-ag.html.

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)

Receive News & Ratings for Cie Gnrl des Etblsmnts Michelin SCA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cie Gnrl des Etblsmnts Michelin SCA and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply