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Meritor (NYSE:MTOR) has been downgraded from Buy to Neutral in a report by Longbow Research today.

Displaying a price of $26.24, Meritor (NYSE:MTOR) traded -1.26% lower on the day. With the last close up 39.49% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the date range. Meritor has recorded a 50-day average of $23.23 and a two hundred day average of $18.58. 366,560 shares of Meritor traded, down from an avg. volume of 1,552,830

Longbow Research has downgraded Meritor (NYSE:MTOR) from Buy to Neutral in a statement released on 10/12/2017.

Recent Performance Chart

Meritor (NYSE:MTOR)

Meritor has a one year low of $9.84 and a one year high of $27.03 with a price-earnings ratio of 4.20 MTOR’s market capitalization is presently $0.

A total of 7 brokerages have issued a research note on the company. 0 firms rating the stock a strong buy, 1 broker rating the stock a buy, 9 brokers rating the company a hold, zero equity analysts rating the company a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $8.71.

More About Meritor (NYSE:MTOR)

Meritor, Inc. is a supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors. The Company's segments include Commercial Truck & Industrial and Aftermarket & Trailer. The Commercial Truck & Industrial segment supplies drivetrain systems and components, including axles, drivelines and braking and suspension systems, for medium- and heavy-duty trucks, off-highway, military, construction, bus and coach, fire and emergency and other applications in North America, South America, Europe and Asia Pacific. The Commercial Truck & Industrial segment also includes the Company's aftermarket businesses in Asia Pacific and South America. The Aftermarket & Trailer segment supplies axles, brakes, drivelines, suspension parts and other replacement and remanufactured parts to commercial vehicle aftermarket customers in North America and Europe.

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