Trading Report: Today: Morgan Stanley Analysts Give Cie Gnrl des Etblsmnts Michelin SCA (ML) a €105.00 Price Target

Today: Morgan Stanley Analysts Give Cie Gnrl des Etblsmnts Michelin SCA (ML) a €105.00 Price Target

Morgan Stanley set a €105.00 ($116.67) target price on Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) in a research note issued to investors on Wednesday morning. The firm currently has a a buy rating on the stock.

Other research analysts also recently issued reports about the company. BNP Paribas set a €98.00 ($108.89) target price on Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research report on Monday, June 27th. Deutsche Bank AG set a €115.00 ($127.78) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a buy rating in a research report on Wednesday, July 13th. Societe Generale set a €107.00 ($118.89) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a buy rating in a research report on Wednesday, July 27th. JPMorgan Chase & Co. restated a neutral rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research report on Monday, September 12th. Finally, Goldman Sachs Group Inc. set a €90.00 ($100.00) price target on Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a neutral rating in a research report on Monday, June 27th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average target price of €96.68 ($107.43).

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at 96.86 on Wednesday. The company has a market cap of €17.48 billion and a PE ratio of 14.65. The stock’s 50 day moving average is €96.66 and its 200-day moving average is €92.01. Cie Gnrl des Etblsmnts Michelin SCA has a one year low of €77.40 and a one year high of €100.30.

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