MICHELIN COMPAG/ADR (OTCMKTS:MGDDY) – Equities research analysts at Jefferies Financial Group boosted their FY2019 earnings per share (EPS) estimates for MICHELIN COMPAG/ADR in a research note issued to investors on Tuesday, December 4th. Jefferies Financial Group analyst A. Kurian now anticipates that the company will earn $2.49 per share for the year, up from their previous forecast of $2.46.
Other equities research analysts have also issued research reports about the stock. Zacks Investment Research upgraded shares of MICHELIN COMPAG/ADR from a “sell” rating to a “hold” rating in a research note on Wednesday, September 12th. Goldman Sachs Group lowered shares of MICHELIN COMPAG/ADR from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 16th.
About MICHELIN COMPAG/ADR
Compagnie Générale des Établissements Michelin manufactures, distributes, and sells tires worldwide. The company operates through three segments: Passenger Car and Light Truck Tires and Related Distribution; Truck Tires and Related Distribution; and Specialty Businesses. It offers tires for cars, vans, trucks, buses, farm machinery, earthmovers, mining and handling equipment, tramways, metros, aircraft, motorcycles, scooters, and bicycles.
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