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Analysts Offer Insights on Industrial Goods Companies: Ametek (AME) and Global Payments (GPN)

Tipranks - Fri Jun 19, 8:14AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Ametek (AME) and Global Payments (GPN) with bullish sentiments.

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Ametek (AME)

In a report released today, Jamie Cook from Truist Financial maintained a Buy rating on Ametek. The company’s shares closed last Wednesday at $231.27.

According to TipRanks.com, Cook is a top 100 analyst with an average return of 19.5% and a 71.0% success rate. Cook covers the Industrial Goods sector, focusing on stocks such as EquipmentShare.com, Inc., Illinois Tool Works, and Aecom Technology. ;'>

Currently, the analyst consensus on Ametek is a Moderate Buy with an average price target of $255.80, a 10.0% upside from current levels. In a report issued on June 5, Bank of America Securities also maintained a Buy rating on the stock.

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Global Payments (GPN)

Wells Fargo analyst Jason Kupferberg maintained a Buy rating on Global Payments on June 15 and set a price target of $105.00. The company’s shares closed last Wednesday at $66.36.

According to TipRanks.com, Kupferberg has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -8.8% and a 42.3% success rate. Kupferberg covers the Technology sector, focusing on stocks such as Circle Internet Group, Inc. Class A, Automatic Data Processing, and Jack Henry & Associates. ;'>

Currently, the analyst consensus on Global Payments is a Moderate Buy with an average price target of $93.00, implying a 36.6% upside from current levels. In a report issued on June 3, Susquehanna also maintained a Buy rating on the stock with a $111.00 price target.

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