AMTEK (NYSE:AME) Analyst Rating Consensus

AMTEK (NYSE:AME) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1.79 by 14 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 5 Brokerage Firms have advised hold.

Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Atlantic Equities downgrades its outlook on AMTEK (NYSE:AME). The current rating of the shares is Neutral, according to the research report released by the firm. Previously, the company had a rating of Overweight. The rating by the firm was issued on April 29, 2016.

AMTEK (NYSE:AME) stock has received a short term price target of $ 54.58 from 12 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $3.48. The higher estimate of target price is $60 , while the lower price target estimate is $47

AMTEK (NYSE:AME) witnessed a decline in the market cap on Tuesday as its shares dropped 0.94% or 0.44 points. After the session commenced at $46.97, the stock reached the higher end at $47.06 while it hit a low of $46.36. With the volume soaring to 1,336,625 shares, the last trade was called at $46.4. The company has a 52-week high of $57.67. The company has a market cap of $10,830 million and there are 233,410,060 shares in outstanding. The 52-week low of the share price is $42.82.

Ametek Inc. has lost 0.9% in the last five trading days and dropped 2.19% in the last 4 weeks. Ametek Inc. has dropped 6.59% during the last 3-month period . Year-to-Date the stock performance stands at -13.09%.

AMETEK, Inc. (AMETEK) is a manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia and South America. AMETEK markets and sells its products through two groups: Electronic Instruments (EIG) and Electromechanical (EMG). The Companys EIG segment designs and manufactures advanced instruments for the process, aerospace, power and industrial markets. It offers process control instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor and factory automation industries. The Companys EMG segment offers electrical connectors and electronics packaging used in aerospace and defense, medical and industrial applications, as well as its advanced technical motor and motion control products, which are used in a range of medical devices, office and business equipment, factory automation, robotics and other applications.

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