After Stifel Nicolaus and D.A. Davidson assigned a Buy rating to Ametek Inc in the last month, the company received another Buy, this time from Oppenheimer. Analyst Christopher Glynn maintained a Buy rating on Ametek Inc (NYSE: AME) today. The company’s shares closed yesterday at $69.26.
According to TipRanks.com, Glynn is a 5-star analyst with an average return of 9.4% and a 61.6% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Roper Technologies.
Ametek Inc has an analyst consensus of Strong Buy, with a price target consensus of $84.
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Ametek Inc’s market cap is currently $16.01B and has a P/E ratio of 23.56. The company has a book value ratio of 3.9757.
Based on the recent corporate insider activity of 89 insiders, corporate insider sentiment is negative on the stock. Most recently, in March 2018, Steven Kohlhagen, a Director at AME bought 4,050 shares for a total of $120,771.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
AMETEK, Inc. engages in the manufacture of electronic instruments and electromechanical devices. It operates through the following group business segments: Electronic Instruments and Electromechanical.
