Mettler-Toledo International (MTD) has an average broker rating of 2.75, which is interpreted as a Hold, as rated by 8 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Mettler-Toledo International (MTD) : 6 investment research analysts covering Mettler-Toledo International (MTD) have an average price target of $395.33 for the near short term. The highest target price given by the Brokerage Firm to the stock is $470 and the lowest target is $345 for the short term. Analysts expect the variance to be within $44.05 of the average price.
Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm Bank of America upgrades its rating on Mettler-Toledo International (NYSE:MTD). The rating major has initiated the coverage with buy rating on the shares. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on August 31, 2016.
Mettler-Toledo International (NYSE:MTD): The stock opened at $405.73 and touched an intraday high of $406.95 on Wednesday. During the day, the stock corrected to an intraday low of $402.215, however, the bulls stepped in and pushed the price higher to close in the green at $406.8 with a gain of 0.49% for the day. The total traded volume for the day was 354,365. The stock had closed at $404.81 in the previous trading session.
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 Companys products include laboratory instruments, industrial instruments and retail weighing solutions. The Companys manufacturing facilities are located in China, Switzerland, the United States, Germany and the United Kingdom.