J.P. Morgan Maintains a Hold Rating on Arvinmeritor

J.P. Morgan analyst Ryan Brinkman maintained a Hold rating on Arvinmeritor (NYSE: MTOR) today and set a price target of $21.50. The company’s shares opened today at $21.38, close to its 52-week high of $21.60.

According to TipRanks.com, Brinkman is a 5-star analyst with an average return of 10.7% and a 63.6% success rate. Brinkman covers the Industrial Goods sector, focusing on stocks such as Magna International, Tower International, and Tenneco Automotive.

Arvinmeritor has an analyst consensus of Moderate Buy, with a price target consensus of $20.42.

The company has a one year high of $21.60 and a one year low of $9.84. Currently, Arvinmeritor has an average volume of 1.01M.

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock.

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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 two segments: Commercial Truck & Industrial and Aftermarket and Trailer.