---
title: "J.P. Morgan Sticks to Its Hold Rating for Compagnie Générale des Établissements Michelin (MGDDF)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283239092.md"
description: "J.P. Morgan has maintained a Hold rating on Compagnie Générale des Établissements Michelin (MGDDF) with a price target of €30.00, while the shares closed at €31.09. Analyst Jose Asumendi has a 4-star rating with a 4.1% average return. Barclays also issued a Hold rating, while Kepler Capital maintained a Buy rating on the company."
datetime: "2026-04-19T01:51:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283239092.md)
  - [en](https://longbridge.com/en/news/283239092.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283239092.md)
---

# J.P. Morgan Sticks to Its Hold Rating for Compagnie Générale des Établissements Michelin (MGDDF)

In a report released on April 16, Jose Asumendi from J.P. Morgan maintained a Hold rating on Compagnie Générale des Établissements Michelin, with a price target of €30.00. The company’s shares closed last Friday at €31.09.

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According to TipRanks, Asumendi is a 4-star analyst with an average return of 4.1% and a 52.62% success rate.

In addition to J.P. Morgan, Compagnie Générale des Établissements Michelin also received a Hold from Barclays’s Erwann Dagorne in a report issued on April 14. However, on April 16, Kepler Capital maintained a Buy rating on Compagnie Générale des Établissements Michelin (Other OTC: MGDDF).

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