Cie Gnrl des Etblsmnts Michelin SCA (ML) PT Set at €130.00 by HSBC

Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) received a €130.00 ($151.16) target price from research analysts at HSBC in a research report issued on Tuesday. The firm currently has a “buy” rating on the stock. HSBC’s price objective would suggest a potential upside of 2.65% from the stock’s previous close.

Several other research analysts also recently weighed in on ML. Kepler Capital Markets set a €145.00 ($168.60) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Monday, June 25th. Deutsche Bank set a €150.00 ($174.42) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Tuesday, June 19th. JPMorgan Chase & Co. set a €127.00 ($147.67) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Monday, June 18th. Jefferies Financial Group set a €135.00 ($156.98) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Monday, June 4th. Finally, UBS Group set a €117.00 ($136.05) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a “buy” rating in a research note on Tuesday, July 24th. Two analysts have rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of €128.19 ($149.06).

Shares of EPA:ML opened at €126.65 ($147.27) on Tuesday. Cie Gnrl des Etblsmnts Michelin SCA has a 1 year low of €106.95 ($124.36) and a 1 year high of €130.85 ($152.15).

About Cie Gnrl des Etblsmnts Michelin SCA

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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