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

Shares of AEVEX Corp. (NYSE:AVEX) have earned an average recommendation of “Moderate Buy” from the ten analysts that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $35.25.

A number of brokerages have weighed in on AVEX. Robert W. Baird began coverage on shares of AEVEX in a research report on Tuesday, May 12th. They set an “outperform” rating and a $38.00 price target for the company. Jefferies Financial Group began coverage on shares of AEVEX in a research report on Tuesday, May 12th. They set a “buy” rating and a $32.00 price target for the company. Royal Bank Of Canada began coverage on shares of AEVEX in a research report on Tuesday, May 12th. They set an “outperform” rating and a $31.00 price target for the company. Bank of America began coverage on shares of AEVEX in a research report on Tuesday, May 12th. They set a “buy” rating and a $34.00 price target for the company. Finally, Raymond James Financial initiated coverage on shares of AEVEX in a research report on Tuesday, May 12th. They set an “outperform” rating and a $35.00 price target for the company.

AEVEX Price Performance

Shares of AVEX opened at $28.55 on Tuesday. AEVEX has a 1-year low of $22.27 and a 1-year high of $42.34.

Insider Activity at AEVEX

In other AEVEX news, CFO Todd Booth acquired 13,000 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was purchased at an average price of $20.00 per share, for a total transaction of $260,000.00. Following the completion of the acquisition, the chief financial officer owned 13,000 shares of the company’s stock, valued at approximately $260,000. This trade represents a ? increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Brett P. Hush acquired 10,000 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was acquired at an average price of $20.00 per share, with a total value of $200,000.00. Following the acquisition, the insider directly owned 10,000 shares of the company’s stock, valued at approximately $200,000. This represents a ? increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders acquired 74,150 shares of company stock worth $1,483,000.