Meritor, Inc. (MTOR) Coverage Initiated at Buckingham Research


KeyCorp's target price would indicate a potential upside of 11.38% from the stock's current price.

MTOR has been the topic of a number of research analyst reports. They issued an outperform rating and a $22.00 price target on the stock. Stifel Nicolaus set a $25.00 target price on Meritor and gave the company a "buy" rating in a research note on Wednesday, August 2nd. BidaskClub raised Meritor from a "sell" rating to a "hold" rating in a report on Saturday, July 1st.

On September 5 analysts at Buckingham added the stock to its research portfolio giving it an initial rating of "Buy". The stock has an average rating of "Buy" and a consensus price target of $21.86.

Meritor, Inc. (NYSE:MTOR) tinted gains of +2.13% (+0.44 points) to US$21.09. RTK's SI was 1.20 million shares in September as released by FINRA. The firm's 50-day moving average price is $13.77 and its 200-day moving average price is $11.69.

The P/E ratio is now 3.449 and the market value is 1.88B. Federated Pa holds 0% of its portfolio in Meritor Inc (NYSE:MTOR) for 9,293 shares. Barclays Capital maintained Meritor Inc (NYSE:MTOR) rating on Wednesday, November 23. (MTOR) is 0.64 while the analysts predicted the EPS of the stock to be 0.46 suggesting the company fell short of the analysts' expectations. The business had revenue of $920 million for the quarter, compared to analyst estimates of $846.19 million. The 12Th Street Asset Management Company Llc holds 150,754 shares with $12.79 million value, down from 229,087 last quarter. During the same quarter a year ago, the firm earned $0.57 EPS. The analysts estimated EPS for the higher end at 0.52 and lower end at 0.39 while the year ago reported earnings per share was 0. The stock of Meritor Inc (NYSE:MTOR) earned "Buy" rating by RBC Capital Markets on Wednesday, July 19. (NYSE:MTOR) in a research report report published on Friday. If you are viewing this piece of content on another domain, it was stolen and republished in violation of USA & worldwide trademark and copyright legislation. The correct version of this article can be viewed at

In other Meritor news, SVP Robert H. Speed sold 4,192 shares of the business's stock in a transaction on Tuesday, August 8th.

The most recent open market insider trade was Sell of 4,192 shares on a day where the closing price was 19.23. Following the sale, the senior vice president now owns 30,000 shares of the company's stock, valued at approximately $576,900.

Paradigm Capital Management NY upgraded its stake in stocks of Meritor, (NYSE:MTOR) by 176.5% through out the Fiscal Q2, according to The corporation in its latest document with the Security and Exchange Commission. The firm presently has a "neutral" rating on the auto parts company's stock. Teachers Advisors LLC boosted its position in shares of Meritor by 5.5% in the fourth quarter. Short interest grew from 6,742,088 to 6,968,628 over that timeframe. Towle Company holds 2.57 million shares or 4.28% of its portfolio. Among active positions in the latest quarter, 94 holders increased their positions by a total of 8.7 million shares, 79 holders decreased the positions by a total of 8.46 million shares, and 29 holders held their positions. New York State Teachers Retirement System raised its holdings in Meritor by 1.4% in the first quarter. Finally, Chicago Equity Partners LLC acquired a new stake in shares of Meritor in the first quarter worth $1,059,000.

Meritor, a supplier of a range of integrated systems, modules and components to original equipment manufacturers and the aftermarket for the commercial vehicle, transportation and industrial sectors. The Company's segments include Commercial Truck & Industrial and Aftermarket & Trailer.



Related Posts

Teen shot on Boston Common, police say
"BPD confirming person shot (male victim) with life threatening injuries near 139 Tremont St ( Boston Common)". No word on the identities or the exact ages of the suspects.

Mercedes-Benz Concept EQA
Maximum range is estimated at 400 km (249 miles) while charging is a matter of options: induction or wallbox. Inductive charging and wall box units for homes would also be available should the EQA see production.

More Mainers in flood-hazard zones going without insurance policies
Those who suffered wind damage, will make claims under their homeowners insurance which comes from private companies. Last week, Congress gave the flood program a three month lifeline to allow it to process and payout new claims.

Commerzbank Aktiengesellschaft FI Has $966000 Position in Banco Bradesco SA (BBD)
It is positive, as 31 investors sold WST shares while 97 reduced holdings. 97 funds opened positions while 223 raised stakes. Over the last three months, the shares of the company have changed 33.00% and performed 22.41% over the last six months.

Madhya Pradesh: Minister wants students to answer roll call with 'Jai Hind'
After the controversy, Vijay Shah clarified all those who were not able to pay the amount were also welcome to take a selfie with him.

Live Nation Entertainment, Inc. (LYV) — Recommendation Trends
Jefferies reiterated a "buy" recommendation on stocks of Live Nation Entertainment in a study report on early Mon, May 15th. It increased, as 26 investors sold LYV shares while 75 reduced holdings. 45 funds opened positions while 96 raised stakes.

West Indies ill-prepared to weather storm
He has been absent from ODIs during a breakdown in relations between some of the players and their employers. Otherwise, the two-time World Cup winners must battle through a qualifying tournament.

Itau Unibanco Banco Holding SA (NYSE:ITUB) to Buyback 60000000 Outstanding Stock
Citigroup Inc. cut Itau Unibanco Banco Holding SA from a "buy" rating to a "neutral" rating in a report on Friday, August 25th. Four research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company's stock.

Target is hiring more than 100000 holiday workers
During the weekend of October 13 through October 15, Target is holding in-store seasonal hiring events between 10 A.M. and 6 P.M. ( TGT ) said it plans to hire approximately 100,000 team members across the country for the upcoming holiday season.

Irma weakens, but remains lethal as it sweeps past Florida
Her building manager told her about flooding there, but further updates were hard to come by because of limited phone service. Florida Power & Light, the state's major electricity provider, says it has almost 20,000 workers deployed around the state.

© 2015 ExpressNewsline. All Rights reserved.