Truist Financial analyst Jamie Cook maintains $AMETEK (AME.US)$ with a buy rating, and maintains the target price at $221.
According to TipRanks data, the analyst has a success rate of 67.6% and a total average return of 13.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $AMETEK (AME.US)$'s main analysts recently are as follows:
The firm indicated that Ametek's third quarter's earnings per share beat, which was driven by margins, along with an in-line guidance and an upturn in total orders quarter-over-quarter, appeared to motivate the company's positive market move, despite a shortfall in third quarter sales compared to estimates.
The firm acknowledges Ametek's impressive third-quarter performance, which has led to increased estimates. The continued success of the company's strategic acquisitions contributes to a positive outlook on its financial activities.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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