Mettler-Toledo International Inc. (NYSE:MTD) has been downgraded to Hold in a report by Zacks Investment Research earlier today.
- Updated: November 30, 2016
Zacks Investment Research has downgraded Mettler-Toledo International Inc. (NYSE:MTD) to Hold in a statement released on Thursday December 01, 2016.
On 11/30/2016, Zacks Investment Research released a statement for Mettler-Toledo International Inc. (NYSE:MTD) bumped up the target price from $0.00 to $472.00 that suggested an upside of 0.12%.
Boasting a price of $421.70, Mettler-Toledo International Inc. (NYSE:MTD) traded 1.42% higher on the day. With the last stock price close up 6.62% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Mettler-Toledo International Inc. has recorded a 50-day average of $413.37 and a two hundred day average of $395.52. Volume of trade was down over the average, with 167,962 shares of MTD changing hands under the typical 311,173
With a total market value of $0, Mettler-Toledo International Inc. has price-earnings ratio of 31.13 with a one year low of $291.33 and a one year high of $434.50 .
A total of 10 equity analysts have released a research note on MTD. One analyst rating the company a strong buy, one analyst rating the company a buy, eleven analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $360.20.
General Company Details For Mettler-Toledo International Inc. (NYSE:MTD)
Mettler-Toledo International Inc. is a supplier of precision instruments and services. The Company is a provider of weighing instruments for use in laboratory, industrial and food retailing applications. The Company is also a provider of analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development and process analytics instruments used for in-line measurement in production processes. In addition, it is also a supplier of end-of-line inspection systems used in production and packaging for food, pharmaceutical and other industries. The Company operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other. The Company caters to the life science industry; food and beverage producers; food retailers; chemical, specialty chemicals, cosmetics companies, and the academic community.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.