Kepler Capital Markets Reiterates €145.00 Price Target for Cie Gnrl des Etblsmnts Michelin SCA (ML)

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Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) received a €145.00 ($168.60) price objective from stock analysts at Kepler Capital Markets in a research report issued on Thursday, September 20th. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ target price suggests a potential upside of 14.49% from the stock’s current price.

A number of other brokerages have also recently commented on ML. Deutsche Bank set a €150.00 ($174.42) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “buy” rating in a research report on Tuesday, August 28th. Morgan Stanley set a €115.00 ($133.72) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a “neutral” rating in a research report on Friday, August 10th. Jefferies Financial Group set a €135.00 ($156.98) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Monday, June 4th. Berenberg Bank set a €95.00 ($110.47) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “sell” rating in a research report on Friday, August 31st. Finally, UBS Group set a €117.00 ($136.05) price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research report on Tuesday, July 24th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of €127.88 ($148.69).

EPA:ML traded down €0.40 ($0.47) during trading hours on Thursday, reaching €126.65 ($147.27). 201,574 shares of the company were exchanged, compared to its average volume of 561,093. Cie Gnrl des Etblsmnts Michelin SCA has a twelve month low of €106.95 ($124.36) and a twelve month high of €130.85 ($152.15).

Cie Gnrl des Etblsmnts Michelin SCA Company Profile

Compagnie Générale des Établissements Michelin manufactures, distributes, and sells tires worldwide. The company operates through three segments: Passenger Car and Light Truck Tires and Related Distribution; Truck Tires and Related Distribution; and Specialty Businesses. It offers tires for cars, vans, trucks, buses, farm machinery, earthmovers, mining and handling equipment, tramways, metros, aircraft, motorcycles, scooters, and bicycles.

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Analyst Recommendations for Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML)

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