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Analysts Offer Insights on Industrial Goods Companies: Ametek (AME), RTX (RTX) and NuScale Power (SMR)

Tipranks - Wed Apr 15, 9:42AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Ametek (AME), RTX (RTX) and NuScale Power (SMR) 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 Tuesday at $234.05.

According to TipRanks.com, Obin is a top 100 analyst with an average return of 20.9% and a 69.5% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Montrose Environmental Group, Emerson Electric Company, and Honeywell International. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ametek with a $247.30 average price target, a 5.5% upside from current levels. In a report issued on April 7, RBC Capital also maintained a Buy rating on the stock with a $259.00 price target.

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RTX (RTX)

Bank of America Securities analyst Ronald Epstein maintained a Buy rating on RTX today. The company’s shares closed last Tuesday at $203.62.

According to TipRanks.com, Epstein is a 5-star analyst with an average return of 21.4% and a 64.8% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as BETA Technologies, Inc. Class A, L3Harris Technologies, and StandardAero, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RTX with a $224.33 average price target, an 11.4% upside from current levels. In a report issued on April 2, Melius Research also upgraded the stock to Buy with a $242.00 price target.

NuScale Power (SMR)

Craig-Hallum analyst Eric Stine maintained a Buy rating on NuScale Power today. The company’s shares closed last Tuesday at $10.79.

According to TipRanks.com, Stine is a 5-star analyst with an average return of 13.0% and a 42.0% success rate. Stine covers the Industrial Goods sector, focusing on stocks such as Amprius Technologies Inc, American Superconductor, and PureCycle Technologies. ;'>

NuScale Power has an analyst consensus of Moderate Buy, with a price target consensus of $17.39.

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