Analyst Price Target is $30.00
▲ +10.58% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Meritor in the last 3 months. The average price target is $30.00, with a high forecast of $32.00 and a low forecast of $28.00. The average price target represents a 10.58% upside from the last price of $27.13.
Current Consensus is
The current consensus among 4 polled investment analysts is to buy stock in Meritor. This Buy consensus rating has held steady for over two years.
Meritor, Inc. engages in the design, production and trade of integrated systems, modules and components to equipment manufacturers. It operates through the following segments: Commercial Truck and Trailer and Aftermarket and Industrial. The Commercial Truck and Trailer segment supplies drivetrain systems and components, including axles, drivelines and braking and suspension systems, for medium- and heavy-duty trucks and other applications. The Aftermarket and Industrial segment provides axles, brakes, drivelines, suspension parts and other replacement parts to commercial vehicle and industrial aftermarket customers in North America and Europe. The company was founded in 1909 and is headquartered in Troy, MI.