Myers Industries with ticker code (MYE) now have 2 total analysts covering the stock. The consensus rating is “Buy”. The target price varies between 25 and 25 by calculating the average target price that we see 25. Since the previous close of the shares was at 21.74, this would indicate that there is a potential upside of 15.0%. The 50 day moving average is 21.73 while the 200 day moving average is 20.77. The company has a market capitalization of $ 782 million. Company website: http://www.myersindustries.com
Myers Industries manufactures and sells polymer products for industrial, agricultural, automotive, commercial and consumer markets in the United States and around the world. It operates through two segments, handling and distribution. The Material Handling segment designs, manufactures and markets a variety of plastic and metal products including reusable plastic material handling containers and small parts storage bins, plastic RV tanks and parts, tanks and marine parts, portable plastic fuel tanks and water containers, fuel containers, ammunition containers, storage bins, bulk shipping containers and metal carts and cabinets. It serves industrial manufacturing, food processing, retail / wholesale product distribution, agriculture, automotive, recreational vehicles, marine vehicles, healthcare, home appliance, bakery , electronics, textiles, consumer and other markets under Buckhorn, Akro-Mils, Jamco, Ameri -Marques Kart, and Scepter directly, as well as through distributors. The Distribution segment is engaged in the distribution of tools, equipment and supplies for the maintenance of tires, wheels and sub-vehicles on passenger vehicles, heavy trucks and all-terrain vehicles; and the manufacture and sale of custom tire repair materials and rubber products, as well as reflective tapes for road markings. This segment serves truck tire retailers and dealers, commercial fleets of automobiles and trucks, automobile dealerships, general service and repair centers, tire retreaders and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.