Barclays initiates coverage on Mettler-Toledo (NYSE: MTD) with a Equalweight rating and a price target of $625.00.

Analyst Jack Meechan comes out on the sidelines noting NT risks to the valuation which screens "rich in our opinion."

For an analyst ratings summary and ratings history on Mettler-Toledo click here. For more ratings news on Mettler-Toledo click here.

Shares of Mettler-Toledo closed at $631.54 yesterday.