Michelin (CGDE)

ML

FR001400AJ45

Tires & Rubber Products

Market Closed - Euronext Paris Other stock markets 11:35:11 2024-04-25 am EDT			After market 03:59:59 pm
35.84 ^EUR	-0.42%		35.91	+0.20%

03:45pm	MICHELIN : UBS maintains a Buy rating	ZD
03:20pm	Dpa-AFX Overview: COMPANIES from 25.04.2024 - 15:15	DP

MICHELIN : RBC gives a Buy rating

July 27, 2021 at 12:03 pm EDT

RBC is positive on the stock with a Buy rating. The target price has been modified and is now set at EUR 143 compared to EUR 139.

Latest news about Michelin (CGDE)

MICHELIN : UBS maintains a Buy rating	09:45am	ZD
Dpa-AFX Overview: COMPANIES from 25.04.2024 - 15:15	09:20am	DP
MICHELIN : Deutsche Bank keeps its Buy rating	09:06am	ZD
MICHELIN : Solid Q1 results weighed down by lower volumes and FX headwinds	08:38am
Oddo BHF Lifts Michelin PT, Keeps Outperform Rating	07:53am	MT
MICHELIN : Barclays reiterates its Sell rating	07:31am	ZD
MICHELIN : price target raised by Oddo BHF	05:10am	CF
MICHELIN : Goldman Sachs keeps its Buy rating	04:38am	ZD
EMEA Morning Briefing : Shares Seen Lower; Earnings, U.S. GDP Data in Focus	12:16am	DJ
News Highlights : Top Company News of the Day - Wednesday at 11 PM ET	11:15pm	DJ
News Highlights : Top Company News of the Day - Wednesday at 9 PM ET	09:15pm	DJ
Industrials Decline After Mixed Earnings -- Industrials Roundup	Apr. 24	DJ
News Highlights : Top Company News of the Day - Wednesday at 3 PM ET	Apr. 24	DJ
MICHELIN : Jefferies remains a Sell rating	Apr. 24	ZD
MICHELIN : JP Morgan reaffirms its Neutral rating	Apr. 24	ZD
News Highlights : Top Company News of the Day - Wednesday at 1 PM ET	Apr. 24	DJ
Transcript : Compagnie Générale des Établissements Michelin Société en commandite par actions, Q1 2024 Sales/ Trading Statement Call, Apr 24, 2024	Apr. 24
Michelin: sales down, forecasts unchanged	Apr. 24	CF
Michelin's first-quarter sales fall on weak volumes	Apr. 24	RE
MICHELIN : Receives a Sell rating from Jefferies	Apr. 22	ZD
Morgan Stanley Keeps Michelin at Overweight on Margin Resilience, Potential Cash Returns	Apr. 18	MT
Michelin Files Appeal Against EU Raids Over Alleged Price-Fixing	Apr. 17	MT
European Equities Close Sharply Lower in Tuesday Trading; IMF Cuts Growth Forecast for Euro Area, EU	Apr. 16	MT
MICHELIN : Deutsche Bank reaffirms its Buy rating	Apr. 11	ZD
MICHELIN : UBS maintains a Buy rating	Apr. 10	ZD

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

2024-05-17 - Annual General Meeting

Related indices

CAC 40 , STOXX EUROPE 600 (EUR)

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

MICHELIN : Solid Q1 results weighed down by lower volumes and FX headwinds

April 25, 2024 at 08:38 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

35.99 EUR

Average target price

35.17 EUR

Spread / Average Target

-2.29%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Tires & Rubber Products

	1st Jan change	Capi.
MICHELIN (CGDE)	+10.41%	27.5B
BRIDGESTONE CORPORATION	+14.91%	29.85B
SAILUN GROUP CO., LTD.	+40.26%	7.33B
THE YOKOHAMA RUBBER CO., LTD.	+21.47%	4.16B
THE GOODYEAR TIRE & RUBBER COMPANY	-18.02%	3.39B
DÄTWYLER HOLDING AG	-9.63%	3.26B
SUMITOMO RUBBER INDUSTRIES, LTD.	+20.23%	3.23B
VIETNAM RUBBER INDUSTRY GROUP -	+38.68%	3.22B
TOYO TIRE CORPORATION	+19.32%	2.87B
KUMHO PETRO CHEMICAL CO.,LTD	-2.03%	2.18B

Other Tires & Rubber Products

Michelin (CGDE)

Equities

ML

FR001400AJ45

Tires & Rubber Products

MICHELIN : RBC gives a Buy 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