Compagnie Générale des Établissements Michelin (EPA:ML) Given a €129.00 Price Target at UBS

UBS set a €129.00 ($153.57) price objective on Compagnie Générale des Établissements Michelin (EPA:ML) in a research report released on Thursday, November 16th, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued research reports about the company. Goldman Sachs Group set a €135.00 ($160.71) price target on Compagnie Générale des Établissements Michelin and gave the company a buy rating in a research report on Tuesday, August 1st. J P Morgan Chase & Co set a €160.00 ($190.48) price objective on Compagnie Générale des Établissements Michelin and gave the stock a buy rating in a research note on Wednesday, September 13th. Deutsche Bank set a €130.00 ($154.76) price objective on Compagnie Générale des Établissements Michelin and gave the stock a buy rating in a research note on Friday, October 20th. Jefferies Group set a €115.00 ($136.90) price target on Compagnie Générale des Établissements Michelin and gave the stock a neutral rating in a research note on Monday, August 7th. Finally, Societe Generale set a €123.00 ($146.43) price target on Compagnie Générale des Établissements Michelin and gave the stock a neutral rating in a research note on Wednesday, July 26th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of Hold and an average target price of €124.50 ($148.21).

Shares of Compagnie Générale des Établissements Michelin (EPA:ML) traded up €2.70 ($3.21) during trading hours on Thursday, reaching €124.00 ($147.62). 610,332 shares of the company traded hands, compared to its average volume of 482,158. Compagnie Générale des Établissements Michelin has a 52-week low of €98.93 ($117.77) and a 52-week high of €128.40 ($152.86).

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About Compagnie Générale des Établissements Michelin

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 Compagnie Générale des Établissements Michelin (EPA:ML)

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