Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) Stock Forecast & Price Target

$15.98 -0.27 (-1.66%)

(As of 12/2/2024 ET)

Compagnie Générale des Établissements Michelin Société en commandite par actions - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 3 Analyst Ratings

Sell
0

Hold
2

Buy
1

Based on 3 Wall Street analysts who have issued ratings for Compagnie Générale des Établissements Michelin Société en commandite par actions in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 3 analysts, 2 have given a hold rating, and 1 has given a strong buy rating for MGDDY.

Consensus Price Target

N/A

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MGDDY Analyst Ratings Over Time

Type	Current Forecast 12/4/23 to 12/3/24	1 Month Ago 11/4/23 to 11/3/24	3 Months Ago 9/5/23 to 9/4/24	1 Year Ago 12/4/22 to 12/4/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	2 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Moderate Buy	Hold	Reduce	Hold

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MGDDY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MGDDY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Compagnie Générale des Établissements Michelin Société en commandite par actions Stock vs. The Competition

Type	Compagnie Générale des Établissements Michelin Société en commandite par actions	Auto/Tires/Trucks Companies	S&P 500
Consensus Rating Score	2.67	2.48	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	N/A	275.24% Upside	6.71% Upside
News Sentiment Rating	Negative News See Recent MGDDY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating
10/24/2024	HSBC 2 of 5 stars		Downgrade	Buy ➝ Hold
9/26/2024	Citigroup 3 of 5 stars	H. Hendrikse Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/25/2024	Jefferies Financial Group 2 of 5 stars		Upgrade	Underperform ➝ Hold
11/29/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Neutral
11/24/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Equal Weight ➝ Underweight
2/27/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
1/20/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Sector Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 11:57 AM ET.

Should I Buy Compagnie Générale des Établissements Michelin Société en commandite par actions Stock? MGDDY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, December 1, 2024. Please send any questions or comments about these Compagnie Générale des Établissements Michelin Société en commandite par actions pros and cons to contact@marketbeat.com.

Compagnie Générale des Établissements Michelin Société en commandite par actions
Bull Case

Here are some ways that investors could benefit from investing in Compagnie Générale des Établissements Michelin Soc:

The company has a strong reputation in the tire manufacturing industry, known for its high-quality products and innovative solutions, which can lead to sustained customer loyalty and market share.
Recent advancements in mobility services and lifestyle products indicate a diversification strategy that could enhance revenue streams beyond traditional tire sales.
As of now, the stock price of MGDDY reflects a positive trend, suggesting potential for capital appreciation, which is attractive for investors looking for growth opportunities.
Compagnie Générale des Établissements Michelin Soc operates in multiple segments, including passenger car and light truck tires, which can help mitigate risks associated with market fluctuations in any single segment.
The company's commitment to sustainability and innovation in tire technology positions it well to capitalize on the growing demand for eco-friendly products, appealing to socially conscious investors.

Compagnie Générale des Établissements Michelin Société en commandite par actions
Bear Case

Investors should be bearish about investing in Compagnie Générale des Établissements Michelin Soc for these reasons:

Increased competition in the tire industry could pressure profit margins, as new entrants and established players vie for market share.
Fluctuations in raw material prices can impact production costs, potentially leading to reduced profitability if the company cannot pass these costs onto consumers.
The company's reliance on the automotive sector makes it vulnerable to economic downturns, which can lead to decreased demand for tires and related products.
Recent global supply chain disruptions may affect the availability of components necessary for tire production, potentially delaying product launches and impacting sales.
Investors may be concerned about the company's ability to adapt to rapidly changing consumer preferences, particularly as electric vehicles become more prevalent and require different tire specifications.

MGDDY Forecast - Frequently Asked Questions

: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Compagnie Générale des Établissements Michelin Société en commandite par actions in the last year. There are currently 2 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MGDDY shares.
: According to analysts, Compagnie Générale des Établissements Michelin Société en commandite par actions's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Over the previous 90 days, Compagnie Générale des Établissements Michelin Société en commandite par actions's stock had 1 upgrade and 1 downgrade by analysts.
: Compagnie Générale des Établissements Michelin Société en commandite par actions has been rated by research analysts at Citigroup, and HSBC in the past 90 days.
: Analysts like Compagnie Générale des Établissements Michelin Société en commandite par actions more than other "auto/tires/trucks" companies. The consensus rating for Compagnie Générale des Établissements Michelin Société en commandite par actions is Moderate Buy while the average consensus rating for "auto/tires/trucks" companies is Hold. Learn more on how MGDDY compares to other companies.

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This page (OTCMKTS:MGDDY) was last updated on 12/3/2024 by MarketBeat.com Staff

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Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) Stock Forecast & Price Target