Kepler Capital Markets Reaffirms Buy Rating on Michelin SCA (ML)
Michelin SCA (EPA: ML)‘s stock had its “buy” rating reiterated by equities research analysts at Kepler Capital Markets in a research note issued to investors on Monday. They currently have a $113.51 (€84) price target on the stock.
A number of other firms have also recently commented on ML. Analysts at CIC Securities reiterated a “hold” rating on shares of Michelin SCA in a research note to investors on Tuesday, January 22nd. They now have a $94.67 price target on the stock. Separately, analysts at Oddo & Cie reiterated a “buy” rating on shares of Michelin SCA in a research note to investors on Thursday, January 10th. They now have a $110.39 price target on the stock. Finally, analysts at AlphaValue reiterated a “reduce” rating on shares of Michelin SCA in a research note to investors on Thursday, January 3rd. They now have a $95.92 price target on the stock.
Shares of Michelin SCA traded down 1.39% during mid-day trading on Monday, hitting €69.50. Michelin SCA has a 52 week low of €45.315 and a 52 week high of €73.89. The stock’s 50-day moving average is currently €61.3. The company has a market cap of €12.649 billion and a P/E ratio of 7.71.
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.
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