RBC Initiates Coverage of MTD with Sector Perform Rating

Royal Bank Of Canada, one of the big four Canadian banks, has initiated coverage on Mettler-Toledo International (NYSE:MTD). The bank assigned a 'sector perform' rating and set a price target of $1,515.00 for the medical instruments supplier's stock.

This means that if MTD reaches this price, it would represent a potential upside of 7.75% from its current market value.

Other analysts have also weighed in on Mettler-Toledo International, with some upgrading their target prices while others lowered them.