J.P. Morgan analyst Patrick Baumann maintained a Hold rating on Mesa Laboratories (MLAB – Research Report) yesterday and set a price target of $240.00. The company’s shares closed last Thursday at $203.74, close to its 52-week low of $178.32.
According to TipRanks.com, Baumann is ranked #6134 out of 7920 analysts.
Mesa Laboratories has an analyst consensus of Moderate Buy, with a price target consensus of $235.00.
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The company has a one-year high of $333.42 and a one-year low of $178.32. Currently, Mesa Laboratories has an average volume of 35.66K.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is neutral on the stock.
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Mesa Laboratories, Inc. engages in the design, manufacture, and marketing of instruments and disposable products utilized in healthcare, pharmaceutical, food, and beverage, medical device, and petrochemical industries. It operates through the following segments: Sterilization and Disinfection, Instruments, Cold Chain Monitoring, and Cold Chain Packaging. The Sterilization and Disinfection segment offers testing services, along with the manufacturing and marketing of biological, chemical, and cleaning indicators used to assess the effectiveness of sterilization and disinfection processes in the hospital, dental, medical device, and pharmaceutical industries. The Instrument segment manufactures and markets control instruments and disposable products. The Cold Chain Monitoring segment designs, develops, and markets systems which are used to monitor environmental parameters such as temperature, humidity, and differential pressure. The Cold Chain Packaging segment provides consulting services including compliance monitoring, packaging development, and validation or mapping of transport and storage containers, and thermal packaging products. The company was founded by Luke R. Schmieder on March 26, 1982 and is headquartered in Lakewood, CO.
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