Breaking Finance News

Zacks Investment Research downgraded Mettler-Toledo International Inc. (NYSE:MTD) to Hold in a statement released today.

Zacks Investment Research has downgraded Mettler-Toledo International Inc. (NYSE:MTD) to Hold in a report released on 06/21/2017.

Previously on 6/20/2017, Jefferies & Co reported on Mettler-Toledo International Inc. (NYSE:MTD) upped the target price from $0.00 to $550.00 that suggested a downside of -0.08%.

Having a price of $592.90, Mettler-Toledo International Inc. (NYSE:MTD) traded 0.19% higher on the day. The last stock close price is up 12.96% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. The company has recorded a 50-day moving average of $592.34 and a 200-day moving average of $554.17. 218,175 shares of MTD traded, up from an avg. volume of 158,258

Performance Chart

Mettler-Toledo International Inc. (NYSE:MTD)

Mettler-Toledo International Inc. has a 52 week low of $395.61 and a 52 week high of $629.63 with a price-earnings ratio of 38.49 MTD’s total market value is presently $0.

A total of 10 brokers have issued a report on the company. 1 firm rating the stock a strong buy, 1 firm rating the stock a buy, 11 brokerages rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a 12-month price target of $360.20.

More About Mettler-Toledo International Inc. (NYSE:MTD)

Mettler-Toledo International Inc. is a supplier of precision instruments and services. The Company operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other. The Company manufactures weighing instruments for use in laboratory, industrial, packaging, logistics 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, the Company is also a supplier of end-of-line inspection systems used in production and packaging for food, pharmaceutical and other industries. The Company serves food and beverage producers; food retailers; chemical, specialty chemicals and cosmetics companies, and the transportation and logistics industry, among others.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *