Michelin (MGDDY)
(Delayed Data from OTC)
$20.35 USD
-0.25 (-1.21%)
Updated Sep 20, 2024 12:08 PM ET
2-Buy of 5 2
A Value B Growth D Momentum A VGM
Michelin (MGDDY) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$18.00 | $18.00 | $18.00 | -12.62% |
Price Target
Only one analyst offered a short-term price target of $18.00 for Michelin. This represents a decline of 12.62% from the last closing price of $20.60.
Analyst Price Targets (1 )
Broker Rating
Michelin currently has an average brokerage recommendation (ABR) of 3.75 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by four brokerage firms. The current ABR compares to an ABR of 3.75 a month ago based on four recommendations.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 2 | 1 |
Sell | 1 | 1 | 1 | 1 | 2 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 3.75 | 3.75 | 3.75 | 3.75 | 4.00 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/5/2024 | Not Identified | Not Identified | Strong Sell | Strong Sell |
7/25/2024 | Not Identified | Not Identified | Moderate Sell | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 3.75 |
ABR (Last week) | 3.75 |
# of Recs in ABR | 4 |
Average Target Price | $18.00 |
LT Growth Rate | 6.50% |
Industry | Rubber - Tires |
Industry Rank by ABR | 188 of 253 |
Current Quarter EPS Est: | NA |
MGDDY FAQs
Michelin (MGDDY) currently has an average brokerage recommendation (ABR) of 3.75 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 4 brokerage firms.
The average price target for Michelin (MGDDY) is $18.00. The current on short-term price targets is based on 3 reports.
The forecasts for Michelin (MGDDY) range from a low of $18 to a high of $18. The average price target represents a decline of $12.62 from the last closing price of $20.60.
The current DOWNSIDE for Michelin (MGDDY) is 12.62%
Only one analyst offered a short-term price target of $18.00 for Michelin. This represents a decline of 12.62% from the last closing price of $20.60.