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Analysts Offer Insights on Industrial Goods Companies: Ametek (AME), USA Compression (USAC) and Li-Cycle Holdings (LICY)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Ametek (AMEResearch Report), USA Compression (USACResearch Report) and Li-Cycle Holdings (LICYResearch Report).

Ametek (AME)

In a report released today, Deane Dray from RBC Capital reiterated a Buy rating on Ametek, with a price target of $165.00. The company’s shares closed last Wednesday at $145.64, close to its 52-week high of $148.06.

According to TipRanks.com, Dray is a 5-star analyst with an average return of 10.2% and a 56.3% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Evoqua Water Technologies, Mueller Water Products, and Wesco International.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ametek with a $165.50 average price target, representing a 13.2% upside. In a report released today, Mizuho Securities also maintained a Buy rating on the stock with a $161.00 price target.

See the top stocks recommended by analysts >>

USA Compression (USAC)

RBC Capital analyst T J Schultz maintained a Hold rating on USA Compression today and set a price target of $21.00. The company’s shares closed last Wednesday at $19.82.

According to TipRanks.com, Schultz is a top 100 analyst with an average return of 16.5% and a 66.9% success rate. Schultz covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, NGL Energy Partners, and Equitrans Midstream.

The word on The Street in general, suggests a Hold analyst consensus rating for USA Compression with a $21.00 average price target.

Li-Cycle Holdings (LICY)

Chardan Capital analyst Brian Dobson maintained a Buy rating on Li-Cycle Holdings today and set a price target of $8.00. The company’s shares closed last Wednesday at $4.41, close to its 52-week low of $4.30.

According to TipRanks.com, Dobson has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -22.1% and a 24.1% success rate. Dobson covers the Technology sector, focusing on stocks such as Marathon Digital Holdings, Presto Automation, and Freightos Limited.

Currently, the analyst consensus on Li-Cycle Holdings is a Moderate Buy with an average price target of $7.50.

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