Published On: Wed, Oct 19th, 2016

Broker Changes For Matthews International Corporation (NASDAQ:MATW)


Recently stock market analysts have updated their consensus ratings on shares of Matthews International Corporation (NASDAQ:MATW).

Most recent broker ratings

09/22/2016 – Matthews International Corporation had its “neutral” rating reiterated by analysts at Macquarie. They now have a USD 64 price target on the stock.

07/29/2016 – Matthews International Corporation had its “buy” rating reiterated by analysts at Wunderlich. They now have a USD 75 price target on the stock.

05/01/2015 – Matthews International Corporation had its “hold” rating reiterated by analysts at Zacks.

10/14/2013 – Matthews International Corporation was upgraded to “hold” by analysts at Thomson Reuters/Verus.

Matthews International Corporation has a 50 day moving average of 60.51 and a 200 day moving average of 56.77. The stock’s market capitalization is 1.91B, it has a 52-week low of 45.00 and a 52-week high of 62.85.

The share price of the company (NASDAQ:MATW) was up +0.39% during the last trading session, with a high of 59.77 and the volume of Matthews International Corporation shares traded was 96698.

Matthews International Corporation is a provider of brand solutions, memorialization products and industrial technologies. The Company operates through three segments: SGK Brand Solutions, Memorialization and Industrial Technologies. The SGK Brand Solutions segment provides brand development, deployment and delivery (consisting of brand management, printing plates and cylinders, pre-media services and imaging services for consumer packaged goods and retail customers, merchandising display systems, and marketing and design services). The Memorialization segment manufactures and markets a line of memorialization products used primarily in cemeteries, funeral homes and crematories. The Industrial Technologies segment designs, manufactures and distributes a range of marking, coding and industrial automation solutions, order fulfillment systems and related consumables.