Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) Price Target Raised to €35.00 at Barclays

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDYGet Rating) had its price target boosted by Barclays from €30.00 ($30.61) to €35.00 ($35.71) in a research note issued to investors on Monday, The Fly reports.

A number of other research firms have also recently commented on MGDDY. JPMorgan Chase & Co. decreased their target price on shares of Compagnie Générale des Établissements Michelin Société en commandite par actions from €23.50 ($23.98) to €20.00 ($20.41) in a research report on Tuesday, October 4th. Royal Bank of Canada cut their price target on shares of Compagnie Générale des Établissements Michelin Société en commandite par actions from €44.00 ($44.90) to €36.00 ($36.73) in a research note on Thursday, July 28th. Morgan Stanley cut their price target on shares of Compagnie Générale des Établissements Michelin Société en commandite par actions from €36.00 ($36.73) to €34.00 ($34.69) in a research note on Monday, October 10th. Finally, Exane BNP Paribas lowered shares of Compagnie Générale des Établissements Michelin Société en commandite par actions from a neutral rating to an underperform rating and set a €25.00 ($25.51) price target on the stock. in a research note on Friday, November 18th.

Compagnie Générale des Établissements Michelin Société en commandite par actions Price Performance

OTCMKTS:MGDDY opened at $13.82 on Monday. Compagnie Générale des Établissements Michelin Société en commandite par actions has a 52 week low of $10.65 and a 52 week high of $22.23. The firm has a 50 day moving average of $12.17 and a 200 day moving average of $15.42.

Compagnie Générale des Établissements Michelin Société en commandite par actions Company Profile

(Get Rating)

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. The company operates through the following segments: Passenger car and Light truck tires and related distribution, Truck tires and related distribution, and Specialty businesses.

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