Michelin (OTCMKTS:MGDDY) Stock Rating Upgraded by Zacks Research

Posted by Ethan Ryder on Jul 1st, 2026

Michelin (OTCMKTS:MGDDY – Get Free Report) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Separately, Barclays upgraded shares of Michelin from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, April 14th. One investment analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold”.

Read Our Latest Stock Analysis on MGDDY

Michelin Stock Up 0.6%

MGDDY stock opened at $19.26 on Monday. The business’s 50-day moving average price is $18.59 and its 200-day moving average price is $18.12. The company has a quick ratio of 1.22, a current ratio of 1.90 and a debt-to-equity ratio of 0.04. Michelin has a twelve month low of $14.82 and a twelve month high of $20.48.

About Michelin

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Michelin (OTCMKTS: MGDDY) is a French multinational tire manufacturer founded in 1889 and headquartered in Clermont-Ferrand, France. Over more than a century the company has grown into one of the world’s leading tiremakers, serving passenger car, truck, motorcycle, bicycle, agricultural, construction and aviation markets. Michelin has a global footprint with manufacturing facilities, research centers and commercial operations across multiple regions to supply OEMs, replacement markets and large commercial fleets.

The company’s core business is the design, manufacture and sale of tires and related products.