According to TipRanks.com, Glynn is a 4-star analyst with an average return of 3.2% and a 53.7% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Roper Technologies.
Currently, the analyst consensus on Ametek is a Moderate Buy with an average price target of $94.89, implying a 31.1% upside from current levels. In a report issued on March 12, Cowen & Co. also upgraded the stock to Buy with a $95.00 price target.
The company has a one-year high of $102.31 and a one-year low of $54.82. Currently, Ametek has an average volume of 1.75M.
Based on the recent corporate insider activity of 135 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AME in relation to earlier this year.
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 two segments: Electronic Instruments and Electromechanical. The Electronic Instruments segment designs and manufactures advanced instruments for the process, aerospace, power and industrial markets. The Electromechanical segment supplies automation solutions, thermal management systems, specialty metals and electrical interconnects. The company was founded in 1930 and is headquartered in Berwyn, PA.