Martinrea International (MRETF) Receives a Hold from BMO Capital

BMO Capital analyst Peter Sklar maintained a Hold rating on Martinrea International (MRETFResearch Report) today and set a price target of C$13.00. The company’s shares closed last Tuesday at $8.96.

According to TipRanks.com, Sklar is ranked #2583 out of 7578 analysts.

Martinrea International has an analyst consensus of Moderate Buy, with a price target consensus of $12.65.

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The company has a one-year high of $13.21 and a one-year low of $6.77. Currently, Martinrea International has an average volume of 3,213.

Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MRETF in relation to earlier this year.

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Martinrea International, Inc. engages in the development and production of metal products for automotive sector. It operates through the following geographical segments: North America, Europe, and Rest of the World. Its products include suspension and chassis metal, body and structure metal and aluminum components, chassis modules, fluid and air handling systems, and fabricated assemblies. The company was founded by Robert P. E. Wildeboer and Nick Orlando in 1987 and is headquartered in Vaughan, Canada.