In a report released today, Scott Graham from BMO Capital maintained a Buy rating on Ametek Inc (NYSE: AME), with a price target of $92. The company’s shares closed yesterday at $70.15.
According to TipRanks.com, Graham is a 4-star analyst with an average return of 7.5% and a 57.7% success rate. Graham covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings Inc, Altra Holdings, and Trimas Corp.
Currently, the analyst consensus on Ametek Inc is Strong Buy and the average price target is $85.60, representing a 22.0% upside.
In a report released yesterday, Oppenheimer also assigned a Buy rating to the stock with a $85 price target.
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Ametek Inc’s market cap is currently $16.22B and has a P/E ratio of 23.86. The company has a book value ratio of 4.0267.
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.
