Impact of Brokerage Rating on Meritor, Inc.(MTOR)

Many Meritor, Inc.(MTOR) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Upgraded by Stifel on Jan 26, 2017 to Buy, Raises Price Target to $ 17 from a previous price target of $14 .

Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Ivor J Evans (director) sold 6,750 shares at 15.71 per share price.On Feb 7, 2017, Timothy J. Heffron (SVP, HR & CIO) sold 6,000 shares at 15.07 per share price.On Feb 3, 2017, Chris Villavarayan (SVP & Pres., Americas) sold 5,260 shares at 15.17 per share price.

Meritor Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.17 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.19. The company had revenue of $699.00 million for the quarter, compared to analysts expectations of $717.83 million. The companys revenue was down -13.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.33 EPS.

Meritor, Inc. (NYSE:MTOR) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 3 by 5 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

Meritor, Inc. (NYSE:MTOR) stock has received a short term price target of $ 14.25 from 4 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $3.59. The higher estimate of target price is $19 , while the lower price target estimate is $11

Meritor, Inc. (NYSE:MTOR) witnessed a decline in the market cap on Tuesday as its shares dropped 0.38% or 0.06 points. After the session commenced at $15.8, the stock reached the higher end at $15.96 while it hit a low of $15.69. With the volume soaring to 626,164 shares, the last trade was called at $15.82. The company has a 52-week high of $16.19. The company has a market cap of $1,395 million and there are 88,191,038 shares in outstanding. The 52-week low of the share price is $6.3025.

Meritor, Inc., formerly known as ArvinMeritor, Inc., supplies drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets. The Company serves commercial truck, trailer, off-highway, defense, and specialty and aftermarket customers around the globe. It operates in three segments: Commercial Truck, Industrial, and Aftermarket & Trailer. The Company sells its products under the brand names of Meritor, Euclid, Mascot, Trucktechnic, Meritor WABCO, and Gabriel to motor carriers, OE dealers, and independent distributors. Meritor, Inc. is based in Troy, Michigan.


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