UBS analyst David Lesne maintained a Buy rating on Compagnie Générale des Établissements Michelin (MGDDF) today and set a price target of $124. The company’s shares closed yesterday at $132.54.
Lesne has an average return of 7.4% when recommending Compagnie Générale des Établissements Michelin.
According to TipRanks.com, Lesne is ranked #2456 out of 5192 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Compagnie Générale des Établissements Michelin with a $139.29 average price target, which is a 5.1% upside from current levels. In a report issued on April 3, Merrill Lynch also maintained a Buy rating on the stock with a $120 price target.
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The company has a one-year high of $144.55 and a one-year low of $95.65. Currently, Compagnie Générale des Établissements Michelin has an average volume of 173.
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Compagnie Générale des Établissements Michelin SCA engages in the manufacture, distribution and sale of tires. Its products and services include tires, mobility services, lifestyle products, Michelin solutions and Michelin engineering and services.
