Kepler Capital Keeps Their Buy Rating on Compagnie Générale des Établissements Michelin (MGDDF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 29 2024
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Source: Business Insider
Analyst Rating and Price Target: Thomas Besson from Kepler Capital maintains a Buy rating on Michelin (MGDDF) with a price target of €45.00, while the current analyst consensus is a Moderate Buy with an average price target of $40.30.
Company Overview: Compagnie Générale des Établissements Michelin specializes in tire manufacturing and distribution, operating in various segments including passenger car tires and specialty businesses, with a market cap of $23B and a P/E ratio of 10.92.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
