Martinrea International Inc. (TSE:MRE – Get Rating) has been given a consensus rating of "Moderate Buy" by the seven ratings firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$12.83.

MRE has been the topic of a number of research analyst reports. BMO Capital Markets boosted their price objective on shares of Martinrea International from C$9.00 to C$11.00 in a research report on Tuesday, August 9th. Scotiabank boosted their price objective on shares of Martinrea International from C$13.00 to C$14.00 in a research report on Tuesday, August 9th. CIBC boosted their price objective on shares of Martinrea International from C$9.75 to C$10.50 and gave the company a "neutral" rating in a research report on Tuesday, August 9th. TD Securities raised shares of Martinrea International from a "buy" rating to an "action list buy" rating and set a C$14.00 price objective on the stock in a research report on Friday, August 5th. Finally, Raymond James boosted their price objective on shares of Martinrea International from C$11.00 to C$12.00 and gave the company a "market perform" rating in a research report on Tuesday, August 9th.

Martinrea International Trading Down 7.8 %

TSE:MRE opened at C$10.56 on Tuesday. The company has a fifty day moving average of C$9.22 and a 200 day moving average of C$9.03. Martinrea International has a 52 week low of C$7.43 and a 52 week high of C$12.82. The company has a quick ratio of 0.69, a current ratio of 1.17 and a debt-to-equity ratio of 106.15. The firm has a market capitalization of C$848.89 million and a P/E ratio of 35.20.

Martinrea International Dividend Announcement

Martinrea International Company Profile

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Martinrea International Inc designs, develops, manufactures, and sells metal parts, assemblies and modules, fluid management systems, and aluminum products primarily to the automotive industry in North America, Europe, and internationally. It offers engine blocks, transmissions, cases, housings, oil coolers, hoses, tube assemblies, oil fillers, tubes, indicators, oil pick-up screens and pipes, heater hose inlets and outlets, and electric motor housings; and front horizontal, rear suspension, and front vertical modules.

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