Cie Gnrl des Etblsmnts Michelin SCA’s (MGDDF) Buy Rating Reiterated at Bank of America

Bank of America restated their buy rating on shares of Cie Gnrl des Etblsmnts Michelin SCA (OTCMKTS:MGDDF) in a report published on Wednesday morning, AnalystRatings.com reports. The firm currently has a $125.00 price objective on the stock.

Several other equities analysts have also commented on MGDDF. UBS Group restated a buy rating and set a $124.00 price target on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research report on Monday, April 15th. Goldman Sachs Group restated a hold rating and set a $116.00 price target on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research report on Thursday, April 25th.

Shares of Cie Gnrl des Etblsmnts Michelin SCA stock remained flat at $$122.47 during trading on Wednesday. Cie Gnrl des Etblsmnts Michelin SCA has a 52-week low of $95.65 and a 52-week high of $140.75.

Cie Gnrl des Etblsmnts Michelin SCA Company Profile

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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