Barclays Reaffirms Their Hold Rating on Ametek (AME)
Barclays analyst Julian Mitchell reaffirmed a Hold rating on Ametek with a $205 price target. Ametek shares closed at $197.29. Despite Mitchell's Hold rating, the consensus among analysts is a Strong Buy with a $220.71 average price target. Mitchell is a 5-star analyst with an 11.1% average return and a 58.03% success rate, focusing on the Industrials sector.
In a report released on December 2, Julian Mitchell from Barclays maintained a Hold rating on Ametek, with a price target of $205.00. The company’s shares closed yesterday at $197.29.
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According to TipRanks, Mitchell is a 5-star analyst with an average return of 11.1% and a 58.03% success rate. Mitchell covers the Industrials sector, focusing on stocks such as GE Vernova Inc., 3M, and Honeywell International.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ametek with a $220.71 average price target.
