Published On: Wed, Oct 19th, 2016

Analyst Coverage: Metaldyne Performance Group Inc. (NYSE:MPG)


Recently stock market analysts have updated their consensus ratings on shares of Metaldyne Performance Group Inc. (NYSE:MPG).

Most recent broker ratings

06/29/2016 – Metaldyne Performance Group Inc. was downgraded to “sector perform” by analysts at RBC Capital. They now have a USD 14 price target on the stock.

06/21/2016 – Metaldyne Performance Group Inc. was downgraded to “neutral” by analysts at Bank of America Merrill Lynch.

01/27/2016 – Metaldyne Performance Group Inc. was downgraded to “neutral” by analysts at Robert W. Baird. They now have a USD 14 price target on the stock.

01/25/2016 – Metaldyne Performance Group Inc. had its “equal weight” rating reiterated by analysts at Barclays. They now have a USD 13 price target on the stock.

11/09/2015 – Metaldyne Performance Group Inc. was downgraded to “neutral” by analysts at Nomura. They now have a USD 24 price target on the stock.

11/04/2015 – Metaldyne Performance Group Inc. had its “outperform” rating reiterated by analysts at Credit Suisse. They now have a USD 26 price target on the stock.

11/04/2015 – Metaldyne Performance Group Inc. was downgraded to “hold” by analysts at Deutsche Bank. They now have a USD 22 price target on the stock.

10/14/2015 – Metaldyne Performance Group Inc. was downgraded to “neutral” by analysts at Goldman Sachs.

05/13/2015 – Metaldyne Performance Group Inc. was upgraded to “strong-buy” by analysts at Zacks. They now have a USD 22 price target on the stock.

01/29/2015 – KeyBanc began new coverage on Metaldyne Performance Group Inc. giving the company a “buy” rating. They now have a USD 18.24 price target on the stock.

Metaldyne Performance Group Inc. has a 50 day moving average of 15.85 and a 200 day moving average of 15.69. The stock’s market capitalization is 1.04B, it has a 52-week low of 10.87 and a 52-week high of 24.62.

The share price of the company (NYSE:MPG) was down -1.28%, with a high of 15.85during the day and the volume of Metaldyne Performance Group Inc. shares traded was 50765.

Metaldyne Performance Group Inc. provides components for use in engine, transmission and driveline (Powertrain) and chassis, suspension, steering and brake component (Safety-Critical) Platforms for the global light, commercial and industrial vehicle markets. The Company produces these components using complex metal-forming manufacturing technologies and processes for a customer base of vehicle original equipment manufacturers (OEMs) and Tier I suppliers. The Company operates through three segments: HHI, Metaldyne and Grede. The Company’s HHI segment manufactures metal-based components for the North American light vehicle market. The Company’s Metaldyne segment manufactures metal-based Powertrain products for the global light vehicle markets. The Company’s Grede segment manufactures cast, machined and assembled components for the light, commercial and industrial (agriculture, construction, mining, rail, wind energy and oil field) vehicle and equipment end-markets.