AMETEK, Inc. (NYSE:AME) had its Buy rating reiterated by Royal Bank of Canada with a $86.00 price target

By Market Exclusive

Analyst Ratings For AMETEK, Inc. (NYSE:AME)

Today, Royal Bank of Canada reiterated its Buy rating on AMETEK, Inc. (NYSE:AME) with a price target of $86.00.

There are 10 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on AMETEK, Inc. (NYSE:AME) is Buy with a consensus target price of $83.3636 per share, a potential 7.15% upside.

Some recent analyst ratings include

  • 8/1/2018-Royal Bank of Canada Reiterated Rating of Buy.
  • 4/12/2018-DA Davidson initiated coverage with a Buy rating.
  • 2/1/2018-Stifel Nicolaus Reiterated Rating of Buy.

Recent Insider Trading Activity For AMETEK, Inc. (NYSE:AME)
AMETEK, Inc. (NYSE:AME) has insider ownership of 2.00% and institutional ownership of 84.08%.

  • On 7/26/2018 Elizebeth R Varet, Director, sold 2,000 with an average share price of $76.70 per share and the total transaction amounting to $153,400.00.
  • On 7/5/2018 Elizebeth R Varet, Director, sold 3,000 with an average share price of $72.07 per share and the total transaction amounting to $216,210.00.
  • On 6/8/2018 Elizebeth R Varet, Director, sold 2,000 with an average share price of $75.56 per share and the total transaction amounting to $151,120.00.
  • On 3/15/2018 Elizebeth R Varet, Director, sold 3,000 with an average share price of $78.03 per share and the total transaction amounting to $234,090.00.
  • On 3/9/2018 Steven W Kohlhagen, Director, sold 5,000 with an average share price of $78.31 per share and the total transaction amounting to $391,550.00.
  • On 2/26/2018John Wesley Hardin, Insider, sold 25,965 with an average share price of $78.50 per share and the total transaction amounting to $2,038,252.50.
  • On 2/21/2018 Steven W Kohlhagen, Director, sold 3,000 with an average share price of $76.45 per share and the total transaction amounting to $229,350.00.

About AMETEK, Inc. (NYSE:AME)
AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices worldwide. Its Electronic Instruments Group segment offers advanced instruments for the process, power and industrial, and aerospace markets; process and analytical instruments for the oil, gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage markets; and instruments for the laboratory equipment, ultraprecision manufacturing, medical, and test and measurement markets. This segment also provides aircraft and engine sensors, monitoring systems, power supplies, data acquisition units, and fuel and fluid measurement systems for the aerospace industry; and power quality monitoring and metering, uninterruptible power systems, programmable power equipment, electromagnetic compatibility test equipment, sensors for gas turbines, dashboard instruments for heavy trucks and other vehicles, and instrumentation and controls for the food and beverage industries. Its Electromechanical Group segment offers engineered electrical connectors and electronics packaging used in aerospace and defense, medical, and industrial applications, as well as advanced precision motion control products for use in a range of automation applications across the medical, semiconductor, aerospace, defense, and food and beverage industries; high-purity powdered metals, strip and foil, specialty clad metals, and metal matrix composites; blowers and heat exchangers for aerospace and defense industries; and motors for use in commercial appliances, fitness equipment, food and beverage machines, hydraulic pumps, and industrial blowers. This segment also operates a network of aviation maintenance, repair, and overhaul facilities. In addition, the company offers clinical and education communication solutions for hospitals, health systems, and educational facilities. AMETEK, Inc. was founded in 1930 and is headquartered in Berwyn, Pennsylvania.

Recent Trading Activity for AMETEK, Inc. (NYSE:AME)
Shares of AMETEK, Inc. closed the previous trading session at 77,80 up +1,83 2,41 % with 1587100 shares trading hands.

This article provided by NewsEdge.