Michelin (CGDE)

ML

FR001400AJ45

Tires & Rubber Products

Real-time Euronext Paris Other stock markets 06:14:31 2024-04-25 am EDT			5-day change	1st Jan Change
35.92 ^EUR	-0.19%		+2.63%	+10.66%

11:10am	MICHELIN : price target raised by Oddo BHF	CF
10:38am	MICHELIN : Goldman Sachs keeps its Buy rating	ZD

MICHELIN : Receives a Sell rating from JP Morgan

July 27, 2022 at 04:02 am EDT

In a research note published by Jose Asumendi, JP Morgan advises its customers to Sell the stock. The target price remains set at EUR 27.50.

Latest news about Michelin (CGDE)

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
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

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 : 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

35.99 EUR

Average target price

35.03 EUR

Spread / Average Target

-2.66%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Tires & Rubber Products

	1st Jan change	Capi.
MICHELIN (CGDE)	+10.66%	27.5B
BRIDGESTONE CORPORATION	+14.91%	29.85B
SAILUN GROUP CO., LTD.	+43.40%	7.33B
THE YOKOHAMA RUBBER CO., LTD.	+21.47%	4.16B
THE GOODYEAR TIRE & RUBBER COMPANY	-16.69%	3.39B
DÄTWYLER HOLDING AG	-7.07%	3.26B
SUMITOMO RUBBER INDUSTRIES, LTD.	+20.23%	3.23B
VIETNAM RUBBER INDUSTRY GROUP -	+39.15%	3.22B
TOYO TIRE CORPORATION	+19.32%	2.87B
KUMHO PETRO CHEMICAL CO.,LTD	-5.64%	2.18B

Other Tires & Rubber Products

Michelin (CGDE)

Equities

ML

FR001400AJ45

Tires & Rubber Products

MICHELIN : Receives a Sell rating from JP Morgan

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