Barclays analyst Brian Johnson maintained a Hold rating on Meritor Inc (MTOR) on January 4 and set a price target of $19. The company’s shares closed on Friday at $17.34, close to its 52-week low of $15.01.
According to TipRanks.com, Johnson is a 3-star analyst with an average return of 1.7% and a 47.8% success rate. Johnson covers the Industrial Goods sector, focusing on stocks such as Magna International, American Axle, and Visteon Corp.
Currently, the analyst consensus on Meritor Inc is a Moderate Buy with an average price target of $25.25.
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Meritor Inc’s market cap is currently $1.47B and has a P/E ratio of 13.45. The company has a Price to Book ratio of 5.13.
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Meritor, Inc. engages in the design, production, and trade of integrated systems, modules, and components to original equipment manufacturers. It operates through the Commercial Truck and Trailer, and Aftermarket and Industrial segments.
