Morgan Stanley Reiterates “€130.00” Price Target for Cie Gnrl des Etblsmnts Michelin SCA (ML)

Morgan Stanley set a €130.00 ($154.76) price objective on Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) in a research note issued to investors on Thursday morning. The brokerage currently has a buy rating on the stock.

A number of other research firms have also commented on ML. Deutsche Bank set a €130.00 ($154.76) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a buy rating in a report on Friday, January 5th. Goldman Sachs Group set a €152.00 ($180.95) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a buy rating in a report on Friday, December 8th. JPMorgan Chase & Co. set a €145.00 ($172.62) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a buy rating in a report on Friday, January 5th. Kepler Capital Markets set a €140.00 ($166.67) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a buy rating in a report on Thursday, December 7th. Finally, UBS Group set a €129.00 ($153.57) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a buy rating in a report on Friday, December 15th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of €127.07 ($151.27).

Shares of Cie Gnrl des Etblsmnts Michelin SCA (ML) opened at €128.85 ($153.39) on Thursday. The company has a market capitalization of $23,120.00 and a price-to-earnings ratio of 13.42. Cie Gnrl des Etblsmnts Michelin SCA has a fifty-two week low of €98.93 ($117.77) and a fifty-two week high of €130.20 ($155.00).

ILLEGAL ACTIVITY NOTICE: “Morgan Stanley Reiterates “€130.00” Price Target for Cie Gnrl des Etblsmnts Michelin SCA (ML)” was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another site, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be read at https://ledgergazette.com/2018/01/15/morgan-stanley-reiterates-130-00-price-target-for-cie-gnrl-des-etblsmnts-michelin-sca-ml.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)

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.

Leave a Reply