Michelin (CGDE)

ML

FR001400AJ45

Tires & Rubber Products

Real-time Euronext Paris Other stock markets 02:50:23 30/04/2024 pm IST			5-day change	1st Jan Change
36.65 ^EUR	+0.91%		+1.72%	+12.88%

29/04	CAC40: France's rating maintained = non-event	CF
25/04	MICHELIN : UBS maintains a Buy rating	ZD

MICHELIN : Gets a Buy rating from Deutsche Bank

April 12, 2021 at 07:12 pm IST

Analyst Christoph Laskawi from Deutsche Bank research considers the stock attractive and recommends it with a Buy rating. The target price is reviewed upwards from EUR 125 to EUR 135.

Latest news about Michelin (CGDE)

CAC40: France's rating maintained = non-event	29/04	CF
MICHELIN : UBS maintains a Buy rating	25/04	ZD
Dpa-AFX Overview: COMPANIES from 25.04.2024 - 15:15	25/04	DP
MICHELIN : Deutsche Bank keeps its Buy rating	25/04	ZD
MICHELIN : Solid Q1 results weighed down by lower volumes and FX headwinds	25/04
Oddo BHF Lifts Michelin PT, Keeps Outperform Rating	25/04	MT
MICHELIN : Barclays reiterates its Sell rating	25/04	ZD
MICHELIN : price target raised by Oddo BHF	25/04	CF
MICHELIN : Goldman Sachs keeps its Buy rating	25/04	ZD
EMEA Morning Briefing : Shares Seen Lower; Earnings, U.S. GDP Data in Focus	25/04	DJ
News Highlights : Top Company News of the Day - Wednesday at 11 PM ET	25/04	DJ
News Highlights : Top Company News of the Day - Wednesday at 9 PM ET	25/04	DJ
Industrials Decline After Mixed Earnings -- Industrials Roundup	25/04	DJ
News Highlights : Top Company News of the Day - Wednesday at 3 PM ET	25/04	DJ
MICHELIN : Jefferies remains a Sell rating	25/04	ZD
MICHELIN : JP Morgan reaffirms its Neutral rating	25/04	ZD
News Highlights : Top Company News of the Day - Wednesday at 1 PM ET	24/04	DJ
Transcript : Compagnie Générale des Établissements Michelin Société en commandite par actions, Q1 2024 Sales/ Trading Statement Call, Apr 24, 2024	24/04
Michelin: sales down, forecasts unchanged	24/04	CF
Michelin's first-quarter sales fall on weak volumes	24/04	RE
MICHELIN : Receives a Sell rating from Jefferies	22/04	ZD
Morgan Stanley Keeps Michelin at Overweight on Margin Resilience, Potential Cash Returns	18/04	MT
Michelin Files Appeal Against EU Raids Over Alleged Price-Fixing	17/04	MT
European Equities Close Sharply Lower in Tuesday Trading; IMF Cuts Growth Forecast for Euro Area, EU	16/04	MT
MICHELIN : Deutsche Bank reaffirms its Buy rating	11/04	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

17/05/2024 - 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 06:08 pm IST

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

36.32 EUR

Average target price

35.23 EUR

Spread / Average Target

-2.99%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Tires & Rubber Products

	1st Jan change	Capi.
MICHELIN (CGDE)	+12.88%	27.82B
BRIDGESTONE CORPORATION	+19.50%	29.38B
SAILUN GROUP CO., LTD.	+34.55%	6.89B
THE YOKOHAMA RUBBER CO., LTD.	+27.96%	4.06B
THE GOODYEAR TIRE & RUBBER COMPANY	-15.36%	3.44B
DÄTWYLER HOLDING AG	-4.51%	3.3B
VIETNAM RUBBER INDUSTRY GROUP -	+41.51%	3.3B
SUMITOMO RUBBER INDUSTRIES, LTD.	+24.90%	3.11B
TOYO TIRE CORPORATION	+26.53%	2.82B
KUMHO PETRO CHEMICAL CO.,LTD	+4.06%	2.4B

Other Tires & Rubber Products

Michelin (CGDE)

Equities

ML

FR001400AJ45

Tires & Rubber Products

MICHELIN : Gets a Buy rating from Deutsche Bank

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