Michelin (OTCMKTS:MGDDY) Earns Hold Rating from Analysts at Berenberg Bank

Posted by Bonnie Powley on Jan 16th, 2026

Berenberg Bank started coverage on shares of Michelin (OTCMKTS:MGDDY – Free Report) in a report issued on Tuesday, Marketbeat Ratings reports. The brokerage issued a hold rating on the stock.

MGDDY has been the subject of several other research reports. Zacks Research raised Michelin from a “strong sell” rating to a “hold” rating in a research note on Monday, December 22nd. Morgan Stanley reaffirmed an “equal weight” rating on shares of Michelin in a research report on Tuesday, December 2nd. Citigroup reaffirmed a “buy” rating on shares of Michelin in a research note on Friday, October 10th. Oddo Bhf cut shares of Michelin to a “neutral” rating in a research report on Tuesday, October 14th. Finally, UBS Group downgraded Michelin from a “buy” rating to a “neutral” rating in a report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Read Our Latest Research Report on MGDDY

Michelin Price Performance

Shares of MGDDY opened at $17.53 on Tuesday. Michelin has a one year low of $14.82 and a one year high of $20.00. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.12 and a current ratio of 1.80. The firm has a 50 day simple moving average of $16.53 and a two-hundred day simple moving average of $17.38.

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.