BMO Capital analyst Scott Graham reiterated a Buy rating on Ametek Inc (AME) yesterday and set a price target of $90. The company’s shares opened today at $70.79.
According to TipRanks.com, Graham is a 4-star analyst with an average return of 5.5% and a 55.0% success rate. Graham covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings Inc, Rockwell Automation Inc, and Altra Holdings.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ametek Inc with a $85.14 average price target.
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The company has a one-year high of $81.92 and a one-year low of $63.14. Currently, Ametek Inc has an average volume of 1.58M.
Based on the recent corporate insider activity of 82 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AME in relation to earlier this year.
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AMETEK, Inc. engages in the manufacture of electronic instruments and electromechanical devices. It operates through the following group business segments: Electronic Instruments and Electromechanical.
