Mettler-Toledo International, I found using ticker (MTD) have now 11 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 1700 and 1470 and has a mean target at 1553.45. Given that the stocks previous close was at 1561.8 this indicates there is a potential downside of -.5%. There is a 50 day moving average of 1502.82 and the 200 moving average now moves to 1315.21. The market capitalisation for the company is $33,922m. You can visit the company’s website by visiting: https://www.mt.com
The potential market cap would be $33,741m based on the market concensus.
Mettler-Toledo International Inc. manufactures and supplies precision instruments and services in the United States and internationally. It operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company’s laboratory instruments include laboratory balances, liquid pipetting solutions, automated laboratory reactors, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, density and refractometry, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments. Its industrial instruments comprise industrial weighing instruments and related terminals, automatic dimensional measurement and data capture solutions, vehicle scale systems, industrial software, metal detection equipment, x-ray systems, check weighing equipment, camera-based imaging equipment, track-and-trace solutions, and product inspection systems. The company’s retail weighing solutions consist of networked scales and software, stand-alone scales, and automated packaging and labelling solutions for handling fresh goods. It serves the life science industry, independent research organizations, and testing labs; food and beverage manufacturers; food retailers; chemical, specialty chemical, and cosmetics companies; food retailers; transportation and logistics, metals, and electronics industries; and the academic community through its direct sales force and indirect distribution channels. The company was incorporated in 1991 and is based in Columbus, Ohio.
