AEVEX (NYSE:AVEX) Upgraded by Jefferies Financial Group to Strong-Buy Rating

AEVEX (NYSE:AVEXGet Free Report) was upgraded by investment analysts at Jefferies Financial Group to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

AVEX has been the topic of several other reports. Robert W. Baird began coverage on AEVEX in a report on Tuesday. They issued an “outperform” rating and a $38.00 price target on the stock. Bank of America began coverage on AEVEX in a report on Tuesday. They issued a “buy” rating and a $34.00 price target on the stock. The Goldman Sachs Group began coverage on AEVEX in a report on Tuesday. They issued a “buy” rating and a $34.00 price target on the stock. Royal Bank Of Canada began coverage on AEVEX in a report on Tuesday. They issued an “outperform” rating and a $31.00 price target on the stock. Finally, Raymond James Financial began coverage on AEVEX in a report on Tuesday. They issued an “outperform” rating and a $35.00 price target on the stock. Three research analysts have rated the stock with a Strong Buy rating and six have given a Buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $35.25.

Get Our Latest Stock Report on AEVEX

AEVEX Stock Performance

NYSE:AVEX opened at $28.37 on Tuesday. AEVEX has a 1 year low of $22.27 and a 1 year high of $42.34.

Insiders Place Their Bets

In related news, Director Brian Raduenz purchased 50,000 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were acquired at an average cost of $20.00 per share, for a total transaction of $1,000,000.00. Following the acquisition, the director owned 50,000 shares of the company’s stock, valued at $1,000,000. The trade was a ? increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Brett P. Hush purchased 10,000 shares of the business’s stock in a transaction dated 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 completion of the acquisition, the insider directly owned 10,000 shares in the company, valued at approximately $200,000. This trade represents a ? increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 74,150 shares of company stock worth $1,483,000 in the last ninety days.

More AEVEX News

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Further Reading

Analyst Recommendations for AEVEX (NYSE:AVEX)

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