Cie Gnrl des Etblsmnts Michelin SCA (ML) Given a €125.00 Price Target by Morgan Stanley Analysts

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) has been assigned a €125.00 ($147.06) price objective by equities research analysts at Morgan Stanley in a research report issued to clients and investors on Monday. The firm currently has a “buy” rating on the stock.

Several other research firms also recently issued reports on ML. UBS AG set a €127.00 ($149.41) price objective on 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 reiterated a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a report on Wednesday, August 16th. Jefferies Group LLC set a €115.00 ($135.29) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a report on Monday, August 7th. Deutsche Bank AG reiterated a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a report on Friday, September 15th. Finally, Berenberg Bank set a €106.00 ($124.71) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a report on Thursday, August 17th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of €122.06 ($143.60).

Cie Gnrl des Etblsmnts Michelin SCA (EPA ML) opened at 122.70 on Monday. The company has a market cap of €22.07 billion and a P/E ratio of 12.79. Cie Gnrl des Etblsmnts Michelin SCA has a 52-week low of €92.11 and a 52-week high of €125.70. The stock’s 50 day moving average price is €119.17 and its 200-day moving average price is €117.54.

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Several other research firms also recently issued reports on ML. UBS AG set a €127.00 ($149.41) price objective on 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 reiterated a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a report on Wednesday, August 16th. Jefferies Group LLC set a €115.00 ($135.29) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a report on Monday, August 7th. Deutsche Bank AG reiterated a “buy” rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a report on Friday, September 15th. Finally, Berenberg Bank set a €106.00 ($124.71) price objective on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “sell” rating in a report on Thursday, August 17th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of €122.06 ($143.60).

Cie Gnrl des Etblsmnts Michelin SCA (EPA ML) opened at 122.70 on Monday. The company has a market cap of €22.07 billion and a P/E ratio of 12.79. Cie Gnrl des Etblsmnts Michelin SCA has a 52-week low of €92.11 and a 52-week high of €125.70. The stock’s 50 day moving average price is €119.17 and its 200-day moving average price is €117.54.

TRADEMARK VIOLATION NOTICE: This story was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this story on another publication, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/11/cie-gnrl-des-etblsmnts-michelin-sca-ml-given-a-125-00-price-target-by-morgan-stanley-analysts.html.

Cie Gnrl des Etblsmnts Michelin SCA Company Profile

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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