AEVEX (NYSE:AVEX) Coverage Initiated at Raymond James Financial

Equities research analysts at Raymond James Financial started coverage on shares of AEVEX (NYSE:AVEX) in a report issued on Tuesday, Marketbeat.com reports. The firm set an “outperform” rating and a $35.00 price target on the stock. Raymond James Financial’s price target points to a potential upside of 43.74% from the company’s previous close.

Several other research analysts also recently commented on the stock. Wall Street Zen raised shares of AEVEX to a “hold” rating in a research note 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 target price on the stock. Bank of America initiated coverage on shares of AEVEX in a report on Tuesday. They set a “buy” rating and a $34.00 target price on the stock. Robert W. Baird initiated coverage on shares of AEVEX in a report on Tuesday. They set an “outperform” rating and a $38.00 target price on the stock. Finally, The Goldman Sachs Group initiated coverage on shares of AEVEX in a report on Tuesday. They set a “buy” rating and a $34.00 target price on the stock. Seven equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $36.17.

AEVEX Stock Performance

Shares of NYSE AVEX opened at $24.35 on Tuesday. AEVEX has a 52 week low of $22.27 and a 52 week high of $42.34.

Insider Activity

In other AEVEX news, CFO Todd Booth purchased 13,000 shares of AEVEX stock in a transaction dated Thursday, April 16th. The stock was purchased at an average price of $20.00 per share, with a total value of $260,000.00. Following the transaction, the chief financial officer directly owned 13,000 shares of the company’s stock, valued at $260,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Brett P. Hush purchased 10,000 shares of AEVEX stock in a transaction dated Thursday, April 16th. The shares were acquired 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 ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired 74,150 shares of company stock valued at $1,483,000 in the last quarter.