Cie Gnrl des Etblsmnts Michelin SCA (OTCMKTS:MGDDF)‘s stock had its “buy” rating reissued by equities researchers at UBS Group in a research note issued on Monday, AnalystRatings.com reports. They currently have a $124.00 price target on the stock. UBS Group’s price objective would suggest a potential downside of 3.01% from the stock’s previous close.
Shares of MGDDF remained flat at $$127.85 during mid-day trading on Monday. 176 shares of the stock traded hands, compared to its average volume of 703. Cie Gnrl des Etblsmnts Michelin SCA has a 1 year low of $95.65 and a 1 year high of $147.50.
About Cie Gnrl des Etblsmnts Michelin SCA
Compagnie Générale des Établissements Michelin manufactures, distributes, and sells tires worldwide. The company operates through three segments: Passenger Car and Light Truck Tires and Related Distribution; Truck Tires and Related Distribution; and Specialty Businesses. It offers tires for cars, vans, trucks, buses, farm machinery, earthmovers, mining and handling equipment, tramways, metros, aircraft, motorcycles, scooters, and bicycles.
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