J.P. Morgan Keeps a Hold Rating on Compagnie Générale des Établissements Michelin (MGDDF)

By Carrie Williams

J.P. Morgan analyst Jose Asumendi maintained a Hold rating on Compagnie Générale des Établissements Michelin (MGDDFResearch Report) today and set a price target of $110. The company’s shares opened today at $126.50.

According to TipRanks.com, Asumendi is ranked #4003 out of 5223 analysts.

Compagnie Générale des Établissements Michelin has an analyst consensus of Strong Buy, with a price target consensus of $141.74.

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Compagnie Générale des Établissements Michelin’s market cap is currently $22.69B and has a P/E ratio of 11.50. The company has a Price to Book ratio of 1.63.

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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.