Oddo & Cie Gives Buy Rating to Michelin SCA (ML)
Michelin SCA (EPA: ML)‘s stock had its “buy” rating restated by analysts at Oddo & Cie in a research report issued to clients and investors on Tuesday. They currently have a $102.63 (€78) price target on the stock.
A number of other analysts have also recently weighed in on ML. Analysts at AlphaValue reiterated a “reduce” rating on shares of Michelin SCA in a research note to investors on Friday. They now have a $94.61 price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Michelin SCA in a research note to investors on Thursday, November 29th. They now have a $94.81 price target on the stock.
Shares of Michelin SCA traded down 0.42% during mid-day trading on Tuesday, hitting €71.17. Michelin SCA has a 52 week low of €42.305 and a 52 week high of €72.58. The company has a market cap of €12.953 billion and a P/E ratio of 7.81.
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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