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A statement released earlier today by Zacks Investment Research about AMETEK, Inc. (NYSE:AME) raises the target price to $69.00

AMETEK, Inc. (NYSE:AME) had its stock price target increased to $69.00 by Zacks Investment Research in a report announced 6/21/2017. The bumped up target suggests a potential upside of 0.11% from the company's previous close.

Having a price of $62.09, AMETEK, Inc. (NYSE:AME) traded 0.11% higher on the day. With the last close up 9.74% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. AME has recorded a 50-day average of $63.32 and a two hundred day average of $59.53. Trade Volume was up over the average, with 1,328,333 shares of AME changing hands over the typical 949,934

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AMETEK, Inc. (NYSE:AME)

AMETEK, Inc. has PE ratio of 28.67 with a one year low of $43.98 and a one year high of $65.84 and has a market capitalization of $0.

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

Brief Synopsis About AMETEK, Inc. (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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