Published On: Mon, Jul 17th, 2017

Brokers Add To Their Ratings On Metaldyne Performance Group Inc. (NYSE:MPG)


A number of investment brokers have recently updated their price targets on shares of Metaldyne Performance Group Inc. (NYSE:MPG).

Most recent broker ratings

11/16/2016 – KeyBanc began new coverage on Metaldyne Performance Group Inc. giving the company a “sector weight” rating.

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.

The share price of Metaldyne Performance Group Inc. (NYSE:MPG) was down -1.13% during the last trading session, with a day high of 22.33. 1073002 shares were traded on Metaldyne Performance Group Inc.’s last session.

The stock’s 50 day moving average is 21.90 and its 200 day moving average is 22.58. Metaldyne Performance Group Inc. has a 52-week low of 12.55 and a 52-week high of 24.00.

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 and Tier I suppliers. The Company operates through three segments: HHI, Metaldyne and Grede. Its metal-forming manufacturing technologies and processes include Aluminum Die Casting, Forging, Iron Casting and Powder Metal Forming, as well as value-added manufacturing processes, such as Advanced Machining and Assembly. These technologies and processes are used to create a range of customized Powertrain and Safety-Critical components that address requirements for power density, power generation, power/torque transfer, strength and noise, vibration and harshness.