AEVEX (NYSE:AVEX) Now Covered by JPMorgan Chase & Co.

Investment analysts at JPMorgan Chase & Co. started coverage on shares of AEVEX (NYSE:AVEX) in a note issued to investors on Tuesday. The firm set an “overweight” rating and a $33.00 price target on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 35.52% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Bank of America began coverage on shares of AEVEX in a research report on Tuesday. They issued a “buy” rating and a $34.00 target price for the company. Robert W. Baird began coverage on shares of AEVEX in a research report on Tuesday. They issued an “outperform” rating and a $38.00 target price for the company. The Goldman Sachs Group began coverage on shares of AEVEX in a research report on Tuesday. They set a “buy” rating and a $34.00 price target for the company. Needham & Company LLC began coverage on shares of AEVEX in a research report on Tuesday. They set a “buy” rating and a $45.00 price target for the company. Finally, Raymond James Financial began coverage on shares of AEVEX in a research report on Tuesday. They set an “outperform” rating and a $35.00 price target for the company. Nine analysts have rated the stock with a Buy rating, According to MarketBeat, AEVEX presently has an average rating of “Buy” and a consensus target price of $35.25.

AEVEX Trading Down 2.9%

NYSE:AVEX opened at $24.35 on Tuesday. AEVEX has a 12 month low of $22.27 and a 12 month high of $42.34.

Insider Activity at AEVEX

In other AEVEX news, insider Brett P. Hush purchased 10,000 shares of the stock in a transaction that occurred on Thursday, April 16th. The stock was bought at an average cost of $20.00 per share, with a total value of $200,000.00. Following the transaction, the insider directly owned 10,000 shares in the company, valued at approximately $200,000. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Brian Raduenz purchased 50,000 shares of the stock in a transaction that occurred on Thursday, April 16th. The shares were acquired at an average cost of $20.00 per share, with a total value of $1,000,000.00. Following the completion of the transaction, the director owned 50,000 shares in the company, valued at $1,000,000. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 74,150 shares of company stock valued at $1,483,000 in the last three months.