Zacks Investment Research downgraded Mettler-Toledo International Inc. (NYSE:MTD) to Sell in a report released today.
- Updated: October 9, 2016
Zacks Investment Research has downgraded Mettler-Toledo International Inc. (NYSE:MTD) to Sell in a report released on 10/05/2016.
Yesterday Mettler-Toledo International Inc. (NYSE:MTD) traded -0.43% lower at $415.84. The company’s 50-day moving average is $406.57 and its 200-day moving average is $380.48. The last stock close price is up 9.60% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 153,262 shares of the stock were exchanged, down from an average trading volume of 271,608
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Mettler-Toledo International Inc. has a 52 week low of $282.05 and a 52 week high of $421.24 with a P/E ratio of 32.20 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 10 firms have reported on the stock. The consensus target price is $360.20 with 1 firm rating the stock a strong buy, 1 firm rating the stock a buy, 11 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About 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.
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