AMETEK (AME) Stock Rating Reiterated at BMO Capital; The $69 Target Indicates 7.14% Potential; Citigroup (C)’s Sentiment Is 1.12

August 4, 2017 - By Winifred Garcia

Among 10 analysts covering AMETEK (NYSE:AME), 10 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. AMETEK has $7300 highest and $30 lowest target. $58.80’s average target is -8.70% below currents $64.4 stock price. AMETEK had 32 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, February 8. The company was maintained on Friday, August 5 by Stifel Nicolaus. As per Thursday, December 22, the company rating was upgraded by Robert W. Baird. As per Thursday, August 3, the company rating was maintained by BMO Capital Markets. The stock of AMETEK, Inc. (NYSE:AME) has “Buy” rating given on Wednesday, August 2 by Oppenheimer. RBC Capital Markets maintained it with “Outperform” rating and $53 target in Friday, August 5 report. Robert W. Baird downgraded AMETEK, Inc. (NYSE:AME) on Friday, April 29 to “Neutral” rating. The rating was maintained by Stifel Nicolaus on Wednesday, August 2 with “Buy”. The company was maintained on Friday, August 5 by Oppenheimer. Cowen & Co upgraded the shares of AME in report on Wednesday, January 4 to “Outperform” rating.

Citigroup Inc. is a financial services holding company. The company has market cap of $185.62 billion. The Company’s whose businesses provide consumers, firms, governments and institutions with a range of financial services and products, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management. It has a 13.59 P/E ratio. The Firm operates through two divisions: Citicorp and Citi Holdings.

Since February 10, 2017, it had 0 insider buys, and 15 insider sales for $26.80 million activity. MONTGOMERY THOMAS M sold $415,441 worth of stock. HERMANCE FRANK S had sold 335,790 shares worth $18.02M. The insider EGINTON WILLIAM D sold 14,598 shares worth $875,880. Conti Anthony James sold 4,756 shares worth $287,358. VARET ELIZEBETH R had sold 3,000 shares worth $187,967 on Friday, June 9. 1,190 shares were sold by MALONE JAMES R, worth $70,984. The insider Oscher Ronald J sold 5,315 shares worth $319,166.

Investors sentiment increased to 1.24 in Q4 2016. Its up 0.25, from 0.99 in 2016Q3. It increased, as 35 investors sold AMETEK, Inc. shares while 146 reduced holdings. 64 funds opened positions while 160 raised stakes. 201.78 million shares or 1.04% more from 199.71 million shares in 2016Q3 were reported. Meiji Yasuda Asset Mgmt Communication Ltd holds 48,754 shares or 0.26% of its portfolio. Regions Fincl reported 4,895 shares stake. Noesis Capital Mangement Corporation has 7,284 shares for 0.15% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 39,751 shares or 0.02% of its portfolio. Nomura Asset Management Ltd owns 0.02% invested in AMETEK, Inc. (NYSE:AME) for 26,340 shares. Fil Ltd reported 642,533 shares. Cognios Cap Limited Liability Co reported 2.06% stake. Moreover, One Natl Association has 0.03% invested in AMETEK, Inc. (NYSE:AME) for 8,231 shares. Federated Investors Incorporated Pa invested in 0% or 6,116 shares. Rathbone Brothers Public Limited Company holds 0.03% or 13,500 shares in its portfolio. First Republic Inv Mngmt has invested 0.01% in AMETEK, Inc. (NYSE:AME). Massachusetts-based Adage Ptnrs Gru Ltd Liability Com has invested 0.04% in AMETEK, Inc. (NYSE:AME). Ibm Retirement Fund reported 0.05% stake. Tcw Group Incorporated holds 21,022 shares or 0.01% of its portfolio. Lateef Mgmt Ltd Partnership stated it has 256,590 shares.

The stock increased 0.26% or $0.17 during the last trading session, reaching $64.4. About shares traded. AMETEK, Inc. (NYSE:AME) has risen 27.71% since August 4, 2016 and is uptrending. It has outperformed by 11.01% the S&P500.

AMETEK, Inc. is a manufacturer of electronic instruments and electromechanical devices with activities in North America, Europe, Asia and South America. The company has market cap of $14.82 billion. The Firm operates through two divisions: Electronic Instruments and Electromechanical (EMG). It has a 28.19 P/E ratio. EIG creates and makes instruments for the process, power and industrial and aerospace markets.

The stock decreased 1.40% or $0.97 during the last trading session, reaching $68.13. About 96 shares traded. Citigroup Inc (C) has risen 35.60% since August 4, 2016 and is uptrending. It has outperformed by 18.90% the S&P500.

Since January 1, 0001, it had 0 buys, and 8 selling transactions for $22.84 million activity.

Oldfield Partners Llp holds 22.66% of its portfolio in Citigroup Inc for 5.06 million shares. Toscafund Asset Management Llp owns 525,000 shares or 16.61% of their US portfolio. Moreover, Greenhaven Associates Inc has 11.38% invested in the company for 11.35 million shares. The Texas-based Academy Capital Management Inc Tx has invested 10.73% in the stock. Kiltearn Partners Llp, a United Kingdom-based fund reported 4.82 million shares.

Ratings analysis reveals 29% of Citigroup’s analysts are positive. Out of 7 Wall Street analysts rating Citigroup, 2 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. C was included in 8 notes of analysts from September 13, 2016. The stock of Citigroup Inc (NYSE:C) earned “Neutral” rating by Goldman Sachs on Friday, September 16. The stock of Citigroup Inc (NYSE:C) has “Overweight” rating given on Tuesday, January 3 by Barclays Capital. The company was downgraded on Monday, November 28 by Jefferies. The firm earned “Neutral” rating on Friday, November 18 by Macquarie Research. The rating was downgraded by Standpoint Research to “Hold” on Tuesday, January 10. The stock has “Sell” rating by Societe Generale on Tuesday, September 13. The firm has “Overweight” rating given on Monday, November 14 by Morgan Stanley.