AEVEX (NYSE:AVEX) Now Covered by JPMorgan Chase & Co.

JPMorgan Chase & Co. began coverage on shares of AEVEX (NYSE:AVEX) in a research note issued on Tuesday. The brokerage set an “overweight” rating and a $33.00 price target on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 35.52% from the company’s current price.

AVEX has been the topic of several other research reports. 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. William Blair initiated coverage on shares of AEVEX in a report on Tuesday. They set an “outperform” rating on the stock. Raymond James Financial initiated coverage on shares of AEVEX in a report on Tuesday. They set an “outperform” rating and a $35.00 target price on the stock. Jefferies Financial Group initiated coverage on shares of AEVEX in a report on Tuesday. They set a “buy” rating and a $32.00 target price on the stock. Finally, Royal Bank Of Canada started coverage on shares of AEVEX in a report on Tuesday. They set an “outperform” rating and a $31.00 target price on the stock. Nine equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $35.25.

AEVEX Trading Down 2.9%

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

Insiders Place Their Bets

In other news, CFO Todd Booth purchased 13,000 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were 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 directly owned 13,000 shares in the company, valued at approximately $260,000. The trade was a ? increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Brett P. Hush purchased 10,000 shares of the business’s stock in a transaction on Thursday, April 16th. The stock was purchased at an average cost 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 SEC filing for this purchase provides additional information. Insiders have bought a total of 74,150 shares of company stock valued at $1,483,000 in the last quarter.