Michelin (CGDE)

Equities

ML

FR001400AJ45

Tires & Rubber Products

Real-time Euronext Paris 04:17:50 2024-05-29 am EDT 5-day change 1st Jan Change
37.37 EUR +1.77% Intraday chart for Michelin (CGDE) +3.09% +15.13%

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MICHELIN : Goldman Sachs gives a Buy rating ZD
MICHELIN : Jefferies keeps a Sell rating ZD
MICHELIN : UBS keeps its Buy rating ZD
Michelin targets margin of 14% by 2026, cuts non-tyres business goals RE
MICHELIN NOW AIMS TO HAVE NON-TYRES BUSINESS AT MORE THAN 20% OF… RE
MICHELIN TARGETS A SEGMENT OPERATING MARGIN OF 14% IN 2026-CFO… RE
Transcript : Compagnie Générale des Établissements Michelin Société en commandite par actions - Analyst/Investor Day
EU okays $1.5 bln state funded joint hydrogen project, $1.1 bln joint healthcare project RE
MICHELIN : Oddo BHF confirms its recommendation on the share CF
MICHELIN : UBS reiterates its Buy rating ZD
Transcript : Compagnie Générale des Établissements Michelin Société en commandite par actions - Shareholder/Analyst Call
CAC40: in green, signs 4th consecutive session of gains CF
CAC40: continues to climb in low volumes CF
CAC40: remains in green in a neglected market CF
CAC40: in green, builds on previous day's momentum CF
Michelin: one billion euro bond issue CF
Michelin Completes EUR1 Billion Bond Offering MT
CAC40: France's rating maintained = non-event CF
MICHELIN : UBS maintains a Buy rating ZD
Dpa-AFX Overview: COMPANIES from 25.04.2024 - 15:15 DP
MICHELIN : Deutsche Bank keeps its Buy rating ZD
MICHELIN : Solid Q1 results weighed down by lower volumes and FX headwinds Alphavalue
Oddo BHF Lifts Michelin PT, Keeps Outperform Rating MT
MICHELIN : Barclays reiterates its Sell rating ZD
Chart Michelin (CGDE)
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Compagnie Générale des Etablissements Michelin is one of the world leaders in manufacturing and marketing of tires. The products are mainly sold under the Michelin, BFGoodrich, Kleber, Uniroyal and Taurus brands. Net sales break down by activity as follows: - sale and distribution of tires (75.2%): tires for light vehicles (67.3% of net sales) and heavy trucks (32.7%). The group also offers services and solutions to improve the efficiency of transportation; - other (24.8%): sale of specialty tires for agricultural and civil engineering machines, two-wheeled vehicles, and aircraft. In addition, Michelin offers solutions to support travels and trips (road maps and gastronomic and tour guides, ViaMichelin, Tablet and Robert Parker) and develops high-tech materials for many fields. Net sales are distributed geographically as follows: France (8.8%), Europe (26.1%), North America (39.2%) and other (25.9%).
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Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
36.72 EUR
Average target price
35.57 EUR
Spread / Average Target
-3.14%
Consensus
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