Kepler Capital analyst Thomas Besson maintained a Buy rating on Compagnie Générale des Établissements Michelin (PA:MICP) on Monday, setting a price target of EUR165, which is approximately 21.17% above the present share price of $157.75.
Besson expects Compagnie Générale des Établissements Michelin to post earnings per share (EPS) of $0.00 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Strong Buy rating of shares in Compagnie Générale des Établissements Michelin, with an average price target of $174.93.
The analysts price targets range from a high of $191.15 to a low of $162.19.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $0 and a net profit of $0. The company's market cap is $27.73 billion.
According to TipRanks.com, Kepler Capital analyst Thomas Besson is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.7% and a 55.79% success rate.
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. Compagnie Générale des Établissements Michelin was founded by Aristide Barbier and Édouard Daubrée on July 15, 1863 and is headquartered in Clermont-Ferrand, France.