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.



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