Analysts Set Hexcel Corporation (NYSE:HXL) PT at $94.00

Shares of Hexcel Corporation (NYSE:HXL) have earned an average rating of “Hold” from the fifteen brokerages that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $94.00.

A number of research firms have issued reports on HXL. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $79.00 price objective on shares of Hexcel in a research note on Friday, April 24th. Weiss Ratings restated a “hold (c)” rating on shares of Hexcel in a report on Friday, July 17th. BMO Capital Markets lifted their target price on Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a report on Friday, April 24th. Jefferies Financial Group lifted their price target on shares of Hexcel from $95.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, July 6th. Finally, Wells Fargo & Company initiated coverage on shares of Hexcel in a report on Wednesday, April 1st. They set an “overweight” rating and a $95.00 price target on the stock.

Hexcel Price Performance

NYSE:HXL opened at $110.15 on Friday. The business’s 50-day moving average is $96.20 and its 200 day moving average is $89.42. Hexcel has a 12 month low of $58.20 and a 12 month high of $111.01. The company has a market capitalization of $8.31 billion, a P/E ratio of 72.47, a P/E/G ratio of 1.69 and a beta of 1.05. The company has a current ratio of 2.45, a quick ratio of 1.37 and a debt-to-equity ratio of 0.79.

Institutional Trading of Hexcel

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sequoia Financial Advisors LLC grew its stake in Hexcel by 2.3% in the 1st quarter. Sequoia Financial Advisors LLC now owns 5,340 shares of the aerospace company’s stock worth $432,000 after acquiring an additional 119 shares in the last quarter. Central Pacific Bank Trust Division raised its stake in shares of Hexcel by 7.1% during the second quarter. Central Pacific Bank Trust Division now owns 1,803 shares of the aerospace company’s stock valued at $180,000 after acquiring an additional 120 shares in the last quarter. Clearstead Advisors LLC boosted its holdings in shares of Hexcel by 18.2% in the fourth quarter. Clearstead Advisors LLC now owns 817 shares of the aerospace company’s stock valued at $60,000 after purchasing an additional 126 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Hexcel by 1.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 11,928 shares of the aerospace company’s stock valued at $881,000 after purchasing an additional 128 shares during the period. Finally, Allworth Financial LP grew its position in shares of Hexcel by 14.5% during the 3rd quarter. Allworth Financial LP now owns 1,135 shares of the aerospace company’s stock worth $71,000 after buying an additional 144 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Hexcel Company Profile

Hexcel Corporation is a global leader in advanced composite materials for aerospace and industrial applications. The company specializes in the development and manufacture of lightweight, high-performance products that enhance fuel efficiency, durability and structural strength. Its offerings are critical to the aerospace sector, where demand for lighter, more efficient aircraft drives continuous innovation in materials.

Hexcel’s product portfolio encompasses carbon fiber reinforcements, pre-impregnated composites (prepregs), honeycomb core, engineered adhesives and structural film adhesives.