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A statement released earlier today by Stifel about Ametek (NYSE:AME) bumps the target price to $69.00

Stifel bumped up the target of Ametek (NYSE:AME) to $69.00 stating a potential upside of 0.12%.

On Monday June 05, 2017, Zacks Investment Research released a statement on Ametek (NYSE:AME) bumped up the target price from $0.00 to $69.00 that suggested an upside of 0.12%.

Boasting a price of $61.53, Ametek (NYSE:AME) traded 0.21% higher on the day. With the last stock price close up 9.66% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the same period. AME has recorded a 50-day average of $65.13 and a two hundred day average of $61.20. Trade Volume was up over the average, with 981,995 shares of AME changing hands over the typical 896,960

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Ametek (NYSE:AME)

Ametek has PE ratio of 29.45 with a one year low of $43.98 and a one year high of $67.59 and has a market capitalization of $0.

A total of 14 brokerages have released a report on Ametek. Seven brokerages rating the company a strong buy, six analysts rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $55.00.

More About Ametek (NYSE:AME)

AMETEK, Inc. is a manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia and South America. The Company operates through two segments: Electronic Instruments (EIG) and Electromechanical (EMG). EIG designs and manufactures instruments for the process, power and industrial and aerospace markets. EIG provides process and analytical instruments for the oil, gas, petrochemical, pharmaceutical, semiconductor and automation markets. It makes monitoring and metering devices, industrial battery chargers and uninterruptible power supplies, programmable power equipment, electrical test equipment and gas turbine sensors. EMG is a differentiated supplier of precision motion control solutions, thermal management systems, specialty metals and electrical interconnects. Its end markets include medical, automation, petrochemical and other industrial markets. It operates a network of aviation maintenance, repair and overhaul (MRO) facilities.

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