AEVEX Corp. (NYSE:AVEX) Receives Average Recommendation of “Buy” from Analysts

AEVEX Corp. (NYSE:AVEX) has been assigned an average recommendation of “Buy” from the seven research firms that are currently covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a buy recommendation. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $36.1667.

Several research analysts recently weighed in on AVEX shares. Robert W. Baird started coverage on shares of AEVEX in a research report on Tuesday. They set an “outperform” rating and a $38.00 price target for the company. Needham & Company LLC started 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. The Goldman Sachs Group started 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. Jefferies Financial Group started coverage on shares of AEVEX in a report on Tuesday. They issued a “buy” rating for the company. Finally, Wall Street Zen upgraded shares of AEVEX to a “hold” rating in a report on Saturday, April 25th.

Insider Buying and Selling at AEVEX

In other AEVEX news, insider Brett P. Hush acquired 10,000 shares of the business’s stock in a transaction on Thursday, April 16th. The stock was bought at an average price of $20.00 per share, for a total transaction of $200,000.00. Following the acquisition, the insider owned 10,000 shares in the company, valued at approximately $200,000. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Todd Booth acquired 13,000 shares of the business’s stock in a transaction on Thursday, April 16th. The stock was acquired at an average price of $20.00 per share, with a total value of $260,000.00. Following the acquisition, the chief financial officer owned 13,000 shares in the company, valued at $260,000. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders acquired 74,150 shares of company stock worth $1,483,000.

AEVEX Stock Performance

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