J.P. Morgan analyst Tycho Peterson maintained a Sell rating on Mettler-Toledo (NYSE:MTD) International on Friday, setting a price target of $1200, which is approximately 21.78% below the present share price of $1534.17.
Peterson expects Mettler-Toledo International to post earnings per share (EPS) of $8.83 for the fourth quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Sell rating of shares in Mettler-Toledo, with an average price target of $1365.5.
The analysts price targets range from a high of $1531 to a low of $1200.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $951.95 million and a net profit of $256.77 million. The company's market cap is $35.26 billion.
According to TipRanks.com, J.P. Morgan analyst Tycho Peterson is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 15.2% and a 65.04% success rate.
Mettler-Toledo International Inc . is a manufacturer and supplier of precision instruments. The company is the world’s largest manufacturer of weighing instruments for use in laboratory, industrial, logistics, packaging and food retailing applications. It also offers analytical instruments for use in life science and real-time analytic systems used in drug and chemical compound development and production processes.