AEVEX (NYSE:AVEX) Upgraded by Royal Bank Of Canada to Moderate Buy Rating

Royal Bank Of Canada upgraded shares of AEVEX (NYSE:AVEXFree Report) to a moderate buy rating in a report released on Tuesday,Zacks.com reports.

Other equities analysts have also issued research reports about the company. Bank of America began coverage on AEVEX in a research report on Tuesday. They issued a “buy” rating and a $34.00 price target for the company. Jefferies Financial Group began coverage on AEVEX in a research report on Tuesday. They issued a “buy” rating and a $32.00 price target for the company. The Goldman Sachs Group began coverage on AEVEX in a research report on Tuesday. They issued a “buy” rating and a $34.00 price target for the company. JPMorgan Chase & Co. began coverage on AEVEX in a research report on Tuesday. They issued an “overweight” rating and a $33.00 price target for the company. Finally, Wall Street Zen raised AEVEX to a “hold” rating in a research report on Saturday, April 25th. Three equities research analysts have rated the stock with a Strong Buy rating and six have given a Buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $35.25.

Get Our Latest Report on AEVEX

AEVEX Price Performance

AVEX 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, insider Brett P. Hush acquired 10,000 shares of the stock in a transaction dated Thursday, April 16th. The shares were purchased 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. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Todd Booth acquired 13,000 shares of the stock in a transaction dated Thursday, April 16th. The shares were bought at an average cost of $20.00 per share, for a total transaction of $260,000.00. Following the completion of the transaction, the chief financial officer owned 13,000 shares in the company, valued at approximately $260,000. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have bought 74,150 shares of company stock valued at $1,483,000.

AEVEX News Summary

Here are the key news stories impacting AEVEX this week:

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Analyst Recommendations for AEVEX (NYSE:AVEX)

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