AEVEX (NYSE:AVEX) Upgraded to “Strong-Buy” at Robert W. Baird

Robert W. Baird upgraded shares of AEVEX (NYSE:AVEXFree Report) to a strong-buy rating in a research report sent to investors on Tuesday,Zacks.com reports.

Several other equities analysts also recently issued reports on the stock. JPMorgan Chase & Co. initiated coverage on shares of AEVEX in a report on Tuesday. They set an “overweight” rating and a $33.00 price target for the company. The Goldman Sachs Group initiated coverage on shares of AEVEX in a report on Tuesday. They set a “buy” rating and a $34.00 price target for the company. Wall Street Zen raised shares of AEVEX to a “hold” rating in a report on Saturday, April 25th. Needham & Company LLC initiated coverage on shares of AEVEX in a report on Tuesday. They set a “buy” rating and a $45.00 price target for the company. Finally, Bank of America initiated coverage on shares of AEVEX in a report on Tuesday. They set a “buy” rating and a $34.00 price target for the company. Three investment analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $35.25.

Check Out Our Latest Stock Report on AVEX

AEVEX Stock Performance

Shares of AVEX stock opened at $28.37 on Tuesday. AEVEX has a 12-month low of $22.27 and a 12-month high of $42.34.

Insiders Place Their Bets

In related news, CFO Todd Booth bought 13,000 shares of the company’s stock in a transaction on Thursday, April 16th. The stock was bought at an average cost of $20.00 per share, with a total value of $260,000.00. Following the completion of the purchase, the chief financial officer owned 13,000 shares in the company, valued at approximately $260,000. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Brian Raduenz bought 50,000 shares of the company’s stock in a transaction on Thursday, April 16th. The stock was bought at an average cost of $20.00 per share, with a total value of $1,000,000.00. Following the completion of the purchase, the director owned 50,000 shares of the company’s stock, valued at approximately $1,000,000. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders purchased 74,150 shares of company stock valued at $1,483,000.

AEVEX News Roundup

Here are the key news stories impacting AEVEX this week:

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Analyst Recommendations for AEVEX (NYSE:AVEX)

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