The Goldman Sachs Group Inc. Analysts Give Cie Gnrl des Etblsmnts Michelin SCA (ML) a €114.00 Price Target

The Goldman Sachs Group Inc. Analysts Give Cie Gnrl des Etblsmnts Michelin SCA (ML) a €114.00 Price Target

Goldman Sachs Group Inc. set a €114.00 ($122.58) target price on Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) in a research report report published on Wednesday. The brokerage currently has a buy rating on the stock.

A number of other research analysts have also issued reports on the stock. Morgan Stanley reissued a buy rating on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research note on Monday, November 7th. Barclays PLC set a €84.00 ($90.32) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a sell rating in a research note on Friday, October 14th. Societe Generale set a €107.00 ($115.05) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research note on Wednesday, July 27th. BNP Paribas set a €99.00 ($106.45) target price on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the company a buy rating in a research note on Tuesday, October 4th. Finally, Berenberg Bank set a €80.00 ($86.02) price target on shares of Cie Gnrl des Etblsmnts Michelin SCA and gave the stock a sell rating in a research note on Tuesday, November 22nd. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company’s stock. Cie Gnrl des Etblsmnts Michelin SCA currently has a consensus rating of Hold and a consensus target price of €97.35 ($104.68).

Shares of Cie Gnrl des Etblsmnts Michelin SCA (EPA:ML) opened at 101.30 on Wednesday. Cie Gnrl des Etblsmnts Michelin SCA has a 1-year low of €77.40 and a 1-year high of €102.20. The firm has a 50-day moving average of €97.58 and a 200 day moving average of €93.28. The stock has a market capitalization of €18.29 billion and a PE ratio of 15.32.

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