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

Analysts at Raymond James Financial initiated coverage on shares of AEVEX (NYSE:AVEX) in a report released 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 objective would indicate a potential upside of 43.74% from the stock’s current price.

Other equities analysts have also issued research reports about the stock. Bank of America started coverage on shares of AEVEX in a research report on Tuesday. They set a “buy” rating and a $34.00 target price 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 target price for the company. Robert W. Baird started coverage on shares of AEVEX in a research report on Tuesday. They set an “outperform” rating and a $38.00 target price 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 target price for the company. Finally, Wall Street Zen upgraded shares of AEVEX to a “hold” rating in a research report on Saturday, April 25th. Seven equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, AEVEX currently has a consensus rating of “Buy” and an average price target of $36.17.

AEVEX Price Performance

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

Insider Buying and Selling at AEVEX

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 acquired 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 directly owned 13,000 shares in the company, valued at $260,000. This trade represents a ? increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Brett P. Hush bought 10,000 shares of the company’s stock in a transaction on Thursday, April 16th. The shares were bought at an average price of $20.00 per share, with a total value of $200,000.00. Following the completion of the transaction, the insider owned 10,000 shares of the company’s stock, valued at $200,000. The trade was a ? increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased a total of 74,150 shares of company stock worth $1,483,000 over the last three months.