A statement released earlier today by Macquarie Research about Matthews International (NASDAQ:MATW) bumps the target price to $64.00
- Updated: September 22, 2016
Boasting a price of $60.98, Matthews International (NASDAQ:MATW) traded 1.28% higher on the day. With the last stock price close up 10.22% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Matthews International has recorded a 50-day average of $60.85 and a two hundred day average of $55.32. Volume of trade was down over the average, with 78,982 shares of MATW changing hands under the typical 106,820
Macquarie Research bumped up the target of Matthews International (NASDAQ:MATW) to $64.00 stating a potential upside of 0.05%.
On 07/29/2016, Wunderlich released a statement for Matthews International (NASDAQ:MATW) bumped up the target price from $65.00 to $75.00 that suggested an upside of 0.25%.
With a total market value of $0, Matthews International has price-earnings ratio of 33.69 with a one year low of $45.00 and a one year high of $62.85 .
Brief Synopsis About Matthews International (NASDAQ:MATW)
Matthews International Corporation is a designer, manufacturer and marketer of memorialization products and brand solutions. The Company's products and operations consist of six business segments: Cemetery Products, Funeral Home Products, Cremation, Graphics Imaging, Marking and Fulfillment Systems, and Merchandising Solutions. The Cemetery Products segment manufactures cast bronze and granite memorials and other memorialization products, cast and etched architectural products and is a builder of mausoleums in the United States. The Funeral Home Products segment manufactures caskets, distributes and produces wood, metal and cremation caskets. The Cremation segment is a designer and manufacturer of cremation equipment in North America and Europe. The Graphics Imaging segment manufactures and provides brand solutions, printing plates, gravure cylinders, pre-press services and imaging services for the packaging and corrugated industries.
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