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Analysts Offer Insights on Consumer Goods Companies: and Compagnie Generale des Etablissements Michelin (MGDDY)

There’s a lot to be optimistic about in the Consumer Goods sector as 1 analysts just weighed in on and Compagnie Generale des Etablissements Michelin (MGDDYResearch Report) with bullish sentiments.

Compagnie Generale des Etablissements Michelin (MGDDY)

Kepler Capital analyst Thomas Besson maintained a Buy rating on Compagnie Generale des Etablissements Michelin on April 27 and set a price target of EUR40.00. The company’s shares closed last Friday at $23.36, close to its 52-week low of $22.37.

According to TipRanks.com, Besson is a 3-star analyst with an average return of 1.2% and a 50.2% success rate. Besson covers the Consumer Goods sector, focusing on stocks such as Compagnie Générale des Établissements Michelin, Stellantis, and Ferrari.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Compagnie Generale des Etablissements Michelin with a $41.98 average price target.

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