Ametek (AME) Set to Announce Earnings on Wednesday
Ametek (NYSE:AME) is set to release its earnings data on Wednesday, January 29th. Parties that are interested in registering for the company’s conference call can do so using this link.
Shares of Ametek (NYSE:AME) opened at 49.39 on Tuesday. Ametek has a one year low of $39.46 and a one year high of $53.16. The stock has a 50-day moving average of $51.3 and a 200-day moving average of $47.45. The company has a market cap of $12.088 billion and a P/E ratio of 24.33.
A number of research firms have recently commented on AME. Analysts at Jefferies Group raised their price target on shares of Ametek to $58.00 in a research note to investors on Friday, December 6th. They now have a “buy” rating on the stock. On a related note, analysts at Oppenheimer reiterated an “outperform” rating on shares of Ametek in a research note to investors on Tuesday, November 5th. They now have a $55.00 price target on the stock, up previously from $50.00. Finally, analysts at Morgan Stanley raised their price target on shares of Ametek from $46.00 to $48.00 in a research note to investors on Wednesday, October 30th. They now have an “equal weight” rating on the stock. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $52.17.
AMETEK, Inc (NYSE:AME) is a global manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia and South America.
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