Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Ametek (AME), Frontier Group Holdings (ULCC) and Thomson Reuters (TRI)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Ametek (AME – Research Report), Frontier Group Holdings (ULCC – Research Report) and Thomson Reuters (TRI – Research Report).

Ametek (AME)

Bank of America Securities analyst Andrew Obin maintained a Hold rating on Ametek today. The company’s shares closed last Friday at $163.75.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 11.6% and a 61.2% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Atmus Filtration Technologies, Inc., Montrose Environmental Group, and Emerson Electric Company.

Currently, the analyst consensus on Ametek is a Moderate Buy with an average price target of $191.13.

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Frontier Group Holdings (ULCC)

Bank of America Securities analyst Andrew Didora maintained a Hold rating on Frontier Group Holdings today. The company’s shares closed last Friday at $5.91.

According to TipRanks.com, Didora ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -5.8% and a 52.4% success rate. Didora covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Allegiant Travel Company, and Southwest Airlines.

Frontier Group Holdings has an analyst consensus of Hold, with a price target consensus of $8.80.

Thomson Reuters (TRI)

Bank of America Securities analyst Heather Balsky maintained a Buy rating on Thomson Reuters today and set a price target of $190.00. The company’s shares closed last Friday at $164.68.

Balsky has an average return of 20.7% when recommending Thomson Reuters.

According to TipRanks.com, Balsky is ranked #3677 out of 8802 analysts.

Thomson Reuters has an analyst consensus of Hold, with a price target consensus of $163.32, a -0.7% downside from current levels. In a report released today, UBS also maintained a Buy rating on the stock with a $190.00 price target.

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Read More on AME:

• Ametek raises FY24 EPS view to $6.74-$6.86 from $6.70-$6.85, consensus $6.84
• Ametek sees Q2 EPS $1.63-$1.65, consensus $1.67
• Ametek reports Q1 adjusted EPS $1.64, consensus $1.59
• AMETEK Announces Record First Quarter Results and Raises 2024 Guidance
• AME Earnings Report this Week: Is It a Buy, Ahead of Earnings?