Separately, Zacks Investment Research upgraded MICHELIN (CGDE) from a sell rating to a hold rating in a report on Wednesday, January 3rd.
Shares of MICHELIN (MGDDY) opened at $29.09 on Friday. MICHELIN has a 1-year low of $23.35 and a 1-year high of $32.26.
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Compagnie Générale des Établissements Michelin manufactures, distributes, and sells tires worldwide. It offers tires for cars, vans, trucks, buses, farm machinery, earthmovers, mining and handling equipment, tramways, metros, aircraft, motorcycles, scooters, and bicycles. The company provides its products primarily under the BFGoodrich, KLEBER, UNIROYAL, TIGAR, KORMORAN, RIKEN, TAURUS, SIAMTYRE, and WARRIOR brand names.
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