If the sensor is a two-wire device, the limitation is not the sensor but rather the power supply voltage. Check your sensor data sheet as it should list a formula to calculate the required power supply voltage.
BTW, a panelmeter designed to read current will typically have very low impedance and will probably cause an insignificant amount of load to the current loop when connected in series, but it must be isolated as Tom indicated above. If it is an analog panelmeter with just two connections, you should be fine, but if it is a digital panelmeter, you might have to provide isolation.
The other option is to use a panelmeter that reads voltage, and connect this in parallel across the current sense resistor of your analog input channel.
Typically this will be a 250 ohm resistor to generate a 1 to 5 vdc signal. This implies that your panelmeter has some 'smarts' so that it can be offset and scaled to read your engineering units, unless you just want to read the raw signal for diagnostic purposes.