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Analysts Offer Insights on Industrial Goods Companies: Ametek (AME), Napco Security Technologies (NSSC) and Canadian National Railway (CNI)

Tipranks - Fri Jul 10, 9:10AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Ametek (AME), Napco Security Technologies (NSSC) and Canadian National Railway (CNI) with bullish sentiments.

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Ametek (AME)

Bank of America Securities analyst Andrew Obin maintained a Buy rating on Ametek today. The company’s shares closed last Thursday at $233.65.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 20.5% and a 68.6% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Forgent Power Solutions, Inc. Class A, Madison Air Solutions Corp. Class A, and Applied Industrial Technologies. ;'>

Ametek has an analyst consensus of Strong Buy, with a price target consensus of $260.17, an 11.1% upside from current levels. In a report issued on July 2, BMO Capital also maintained a Buy rating on the stock with a $237.72 price target.

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Napco Security Technologies (NSSC)

Lake Street analyst Jaeson Schmidt maintained a Buy rating on Napco Security Technologies today and set a price target of $50.00. The company’s shares closed last Thursday at $34.97.

According to TipRanks.com, Schmidt is a 5-star analyst with an average return of 28.1% and a 50.4% success rate. Schmidt covers the Technology sector, focusing on stocks such as Lightpath Technologies, Vishay Precision Group, and BK Technologies. ;'>

Napco Security Technologies has an analyst consensus of Strong Buy, with a price target consensus of $50.50, implying a 35.8% upside from current levels. In a report released today, TipRanks – OpenAI also upgraded the stock to Buy with a $42.00 price target.

Canadian National Railway (CNI)

In a report released yesterday, Ariel Rosa from Citi maintained a Buy rating on Canadian National Railway, with a price target of $141.00. The company’s shares closed last Thursday at $124.13.

According to TipRanks.com, Rosa is a 5-star analyst with an average return of 21.0% and a 76.8% success rate. Rosa covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Knight Transportation, and Old Dominion Freight. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian National Railway with a $121.09 average price target, representing a -1.6% downside. In a report issued on June 25, Evercore ISI also upgraded the stock to Buy with a $124.00 price target.

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