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Analysts Offer Insights on Industrial Goods Companies: RB Global (RBA), Xometry (XMTR) and Ametek (AME)

Tipranks - Sat Jun 6, 1:32PM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on RB Global (RBA), Xometry (XMTR) and Ametek (AME) with bullish sentiments.

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RB Global (RBA)

In a report released today, Gary Prestopino from Barrington maintained a Buy rating on RB Global, with a price target of $125.00. The company’s shares closed last Friday at $104.30, close to its 52-week high of $106.90.

According to TipRanks.com, Prestopino is a 5-star analyst with an average return of 9.9% and a 53.2% success rate. Prestopino covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Methode Electronics, and DHI Group. ;'>

RB Global has an analyst consensus of Strong Buy, with a price target consensus of $126.00, which is a 17.7% upside from current levels. In a report issued on May 28, Barclays also initiated coverage with a Buy rating on the stock with a $124.00 price target.

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Xometry (XMTR)

In a report released today, Brian Drab from William Blair maintained a Buy rating on Xometry. The company’s shares closed last Friday at $80.44.

According to TipRanks.com, Drab is a 5-star analyst with an average return of 40.2% and a 76.2% success rate. Drab covers the Industrial Goods sector, focusing on stocks such as Donaldson Company, Generac Holdings, and Vertiv Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Xometry with a $85.86 average price target, representing a 3.3% upside. In a report issued on May 22, TipRanks – Google also reiterated a Buy rating on the stock with a $101.00 price target.

Ametek (AME)

In a report released today, Andrew Obin from Bank of America Securities maintained a Buy rating on Ametek. The company’s shares closed last Friday at $227.54.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 21.0% and a 68.5% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Madison Air Solutions Corp. Class A, Applied Industrial Technologies, and Emerson Electric Company. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ametek with a $255.67 average price target, implying a 12.1% upside from current levels. In a report issued on May 27, TipRanks – OpenAI also reiterated a Buy rating on the stock with a $254.00 price target.

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