AEVEX (NYSE:AVEX) Upgraded to “Strong-Buy” at Jefferies Financial Group

Jefferies Financial Group upgraded shares of AEVEX (NYSE:AVEXFree Report) to a strong-buy rating in a research report report published on Tuesday morning,Zacks.com reports.

A number of other equities research analysts have also recently issued reports on the company. Raymond James Financial started coverage on AEVEX in a research note on Tuesday. They issued an “outperform” rating and a $35.00 price objective on the stock. Bank of America started coverage on shares of AEVEX in a report on Tuesday. They issued a “buy” rating and a $34.00 price target on the stock. Wall Street Zen raised shares of AEVEX to a “hold” rating in a report on Saturday, April 25th. The Goldman Sachs Group initiated coverage on AEVEX in a report on Tuesday. They set a “buy” rating and a $34.00 price objective for the company. Finally, Royal Bank Of Canada initiated coverage on AEVEX in a report on Tuesday. They set an “outperform” rating and a $31.00 price objective for the company. Three equities research analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. According to data from MarketBeat, AEVEX has an average rating of “Buy” and an average target price of $35.25.

Get Our Latest Research Report on AVEX

AEVEX Stock Up 16.2%

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

Insider Transactions at AEVEX

In other AEVEX news, CFO Todd Booth acquired 13,000 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, with a total value 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 $260,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Brian Raduenz acquired 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, with a total value of $1,000,000.00. Following the acquisition, the director directly owned 50,000 shares of the company’s stock, valued at $1,000,000. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders acquired 74,150 shares of company stock valued at $1,483,000.

Key Stories Impacting AEVEX

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Analyst Recommendations for AEVEX (NYSE:AVEX)

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