Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €108.67 ($127.85) and traded as high as €131.40 ($154.59). Compagnie Générale des Établissements Michelin Société en commandite par actions shares last traded at €129.25 ($152.06), with a volume of 415,639 shares.
A number of equities analysts have commented on the company. Barclays set a €145.00 ($170.59) price target on Compagnie Générale des Établissements Michelin Société en commandite par actions and gave the stock a “buy” rating in a research note on Friday, March 19th. Deutsche Bank Aktiengesellschaft set a €125.00 ($147.06) price target on shares of Compagnie Générale des Établissements Michelin Société en commandite par actions and gave the company a “buy” rating in a research report on Monday, January 25th. UBS Group set a €132.00 ($155.29) price objective on shares of Compagnie Générale des Établissements Michelin Société en commandite par actions and gave the company a “buy” rating in a research note on Friday. Royal Bank of Canada set a €133.00 ($156.47) target price on Compagnie Générale des Établissements Michelin Société en commandite par actions and gave the stock a “buy” rating in a research note on Monday, January 25th. Finally, The Goldman Sachs Group set a €124.00 ($145.88) price target on shares of Compagnie Générale des Établissements Michelin Société en commandite par actions and gave the stock a “neutral” rating in a research note on Friday, January 8th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of €133.17 ($156.67).
The stock’s fifty day moving average price is €124.39 and its 200 day moving average price is €108.85.
Compagnie Générale des Établissements Michelin Société en commandite par actions Company Profile (EPA:ML)
Compagnie Générale des Établissements Michelin manufactures, distributes, and sells tires worldwide. It operates through three segments: Automotive and Related Distribution, Road Transportation and Related Distribution, and Specialty Businesses and Related Distribution. The company offers tires for cars, motorcycles, scooters, trucks, agricultural, and construction equipment, as well as bikes, freight transport, public transit, trucking, civil engineering, and aviation.
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