Michelin (CGDE)

ML

FR001400AJ45

Tires & Rubber Products

Market Closed - Euronext Paris Other stock markets 11:35:04 2024-04-15 am EDT			5-day change	1st Jan Change
34.96 ^EUR	+0.29%		-1.19%	+7.70%

Apr. 11	MICHELIN : Deutsche Bank reaffirms its Buy rating	ZD
Apr. 10	MICHELIN : UBS maintains a Buy rating	ZD

MICHELIN : Goldman Sachs reaffirms its Neutral rating

October 26, 2021 at 03:41 am EDT

Goldman Sachs analyst George Galliers maintains his Neutral opinion on the stock. The target price is slightly modified from 140 to 142 EUR.

Latest news about Michelin (CGDE)

MICHELIN : Deutsche Bank reaffirms its Buy rating	Apr. 11	ZD
MICHELIN : UBS maintains a Buy rating	Apr. 10	ZD
MICHELIN : Target upgrade by 17.5%	Apr. 08
Jefferies study boosts Continental and weighs on Michelin	Apr. 08	DP
MICHELIN : Jefferies sets new Sell rating	Apr. 07	ZD
EnWave Signs Technology Evaluation and License Option Agreement with Food Company Led by Michelin Star Chef	Apr. 02	MT
MICHELIN : JP Morgan remains Neutral	Apr. 02	ZD
Edgy Insights: The gross profitability premium	Mar. 27
Malaysia Secures Potential Investments from Trade Expedition to France, Germany	Mar. 21	MT
MICHELIN : UBS keeps its Buy rating	Mar. 20	ZD
Oddo BHF Keeps Michelin at Outperform, Raises PT	Mar. 20	MT
MICHELIN : Oddo BHF raises its price target	Mar. 20	CF
Michelin: exclusive supplier for the new 3008s in Europe	Mar. 15	CF
Dpa-AFX Overview: COMPANIES from 15.03.2024 - 15:15	Mar. 15	DP
How companies are responding to attacks on ships in the Red Sea	Mar. 14	RE
Michelin takes research to a new level	Mar. 14	CF
48 HOURS: Sunrise to sunset in Mumbai with Suresh Muthuswami of TCS	Mar. 14	RE
Nissan Motor’s Nomination Committee Selects Candidates for Upcoming Board	Mar. 12	MT
48 HOURS: Crowdsourcing creativity in Paris with Kickstarter CEO Taylor	Mar. 12	RE
Carmaker Stellantis interested in investing in Thailand, PM says	Mar. 09	RE
AMA: partnership with Sopra Steria, share price soars	Mar. 07	CF
Pirelli: down after its annual results	Mar. 07	CF
Michelin Launches EUR500 Million Share Buyback Management Deal	Mar. 01	MT
MICHELIN : Barclays keeps a Sell rating	Feb. 29	ZD
Fitch Affirms Michelin’s Ratings, Outlook on Solid Operating Margins	Feb. 26	MT

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%).

Sector

Tires & Rubber Products

Calendar

2024-04-24 - Q1 2024 Sales and Revenue Release

Related indices

CAC 40 , STOXX EUROPE 600 (EUR)

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

MICHELIN : Target upgrade by 17.5%

April 08, 2024 at 04:15 am EDT

More Strategies

Ratings for Michelin (CGDE)

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

34.96 EUR

Average target price

34.9 EUR

Spread / Average Target

-0.17%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Tires & Rubber Products

	1st Jan change	Capi.
MICHELIN (CGDE)	+7.70%	26.58B
BRIDGESTONE CORPORATION	+15.21%	29.99B
SAILUN GROUP CO., LTD.	+37.45%	7.04B
THE YOKOHAMA RUBBER CO., LTD.	+24.65%	4.22B
VIETNAM RUBBER INDUSTRY GROUP -	+40.57%	3.29B
THE GOODYEAR TIRE & RUBBER COMPANY	-15.29%	3.45B
SUMITOMO RUBBER INDUSTRIES, LTD.	+22.81%	3.3B
DÄTWYLER HOLDING AG	-11.68%	3.21B
TOYO TIRE CORPORATION	+23.62%	2.94B
KUMHO PETRO CHEMICAL CO.,LTD	-7.83%	2.12B

Other Tires & Rubber Products

Michelin (CGDE)

Equities

ML

FR001400AJ45

Tires & Rubber Products

MICHELIN : Goldman Sachs reaffirms its Neutral rating

Latest news about Michelin (CGDE)

Chart Michelin (CGDE)

Company Profile

Income Statement Evolution

Analysis / Opinion

Ratings for Michelin (CGDE)

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Tires & Rubber Products