Mettler-Toledo International Shares Downgraded to “Neutral” by UBS AG Analysts (MTD)

Mettler-Toledo International (NYSE: MTD) was downgraded by UBS AG (NYSE: UBS) from a “buy” rating to a “neutral” rating in a research note issued on Thursday.

Separately, analysts at JPMorgan Chase & Co. (NYSE: JPM) raised their price target on shares of Mettler-Toledo International from $166.00 to $180.00 in a research note to investors on Thursday. They now have a “neutral” rating on the stock. Analysts at Jefferies Group (NYSE: JEF) raised their price target on shares of Mettler-Toledo International from $200.00 to $205.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Also, analysts at Goldman Sachs (NYSE: GS) raised their price target on shares of Mettler-Toledo International from $187.00 to $194.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock.

Mettler-Toledo International Inc. is a supplier of precision instruments and services. The Company is a provider of weighing instruments for use in laboratory, industrial and food retailing applications. It is also a provider of analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development and process analytics instruments used for in-line measurement in production processes. In addition, the Company is the supplier of end-of-line inspection systems used in production and packaging for food, pharmaceutical and other industries. It has five segments: United States Operations, Swiss Operations, Western European Operations, Chinese Operations and Other.

Shares of Mettler-Toledo International opened at 181.14 on Thursday. Mettler-Toledo International has a 52 week low of $126.10 and a 52 week high of $193.56. The stock’s 50-day moving average is $167.3 and its 200-day moving average is $153.8. The company has a market cap of $5.721 billion and a P/E ratio of 23.94.

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Posted by Web Inquirer Staff on 11 Feb 2012. Filed under Markets. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.