Analysts have clear opinions on MTOR.
There are 2 analysts on the Wall offering 12 month price targets for Meritor in the last 3 months. The average price target is $24.50 with a high forecast of $27.00 and a low forecast of $22.00. The average price target represents a -3.31% decrease from the last price of $25.34.
Meritor, Inc. (MTOR) is followed by 2 analysts on the street.
Joseph Spak from RBC Capital rates it a Hold with a target of $27.00.
Similarly, Last month Brian Johnson of Barclays Reiterated a Hold with a target of $22.00.
The consensus on the street is Hold.
What does Meritor, Inc.(MTOR) do ?
Meritor, Inc. engages in the design, production, and trade of integrated systems, modules, and components to original equipment manufacturers. It operates through the following segments: Commercial Truck and Trailer, and Aftermarket and Industrial. The Commercial Truck and Trailer segment supplies drivetrain systems and components, including axles, drivelines, and braking and suspension systems, primarily for medium- and heavy-duty trucks and other applications. The Aftermarket and Trailer segment provides axles, brakes, drivelines, suspension parts and other replacement parts to commercial vehicle and industrial aftermarket customers in North America and Europe. The company was founded in 1909 and is headquartered in Troy, MI.
Meritor, Inc. (MTOR) Insider Trades
Multiple company employees have indulged in significant insider trading. Meritor, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
SVP, Pres, Global Truck, Villavarayan Chris : S – Sale(-$352,115) of MTOR in the trading session of 2019-12-04.
SVP, Pres, Global Truck Villavarayan Chris : S – Sale+OE(-$924,486) of MTOR in the trading session of 2019-12-02.
SVP, Pres Aftmkt, Ind, Trlr Plomin Joseph A. : S – Sale+OE(-$910,053) of Meritor, Inc. in the trading session of 2019-12-02.
Looking for stocks just like MTOR?
Based on Wall Street analyst research, several stocks are similar to MTOR
– DAN [Info can be found here: https://www.nasdaq.com/market-activity/stocks/DAN ]
– AXL [Info can be found here: https://www.nasdaq.com/market-activity/stocks/AXL ]
– ALSN [Info can be found here: https://www.nasdaq.com/market-activity/stocks/ALSN ]