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Zacks Investment Research downgraded Meritor Inc (NYSE:MTOR) to Sell in a report released today.

Having a price of $15.64, Meritor Inc (NYSE:MTOR) traded 0.58% higher on the day. With the last close down 30.27% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. Meritor Inc has recorded a 50-day average of $19.31 and a two hundred day average of $17.33. Volume of trade was up over the average, with 1,784,289 shares of MTOR changing hands over the typical 1,088,200

Zacks Investment Research has downgraded Meritor Inc (NYSE:MTOR) to Sell in a statement released on 06/21/2017.

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Meritor Inc (NYSE:MTOR)

Meritor Inc has a 52 week low of $9.84 and a 52 week high of $22.90 with a P/E ratio of 3.66 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 7 analysts have released a research note on Meritor Inc. The 12-month price target is $8.71 with 0 firms rating the stock a strong buy, 1 equity analyst rating the company a buy, nine equity analysts rating the company a hold, 0 brokers rating the stock a underperform, and finally zero analysts rating the company a sell.

General Company Details For Meritor Inc (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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