share_log

BMO Capital Maintains Hexcel(HXL.US) With Hold Rating, Cuts Target Price to $68

Futu News ·  Oct 28 19:35  · Ratings

BMO Capital analyst John McNulty maintains $Hexcel (HXL.US)$ with a hold rating, and adjusts the target price from $70 to $68.

According to TipRanks data, the analyst has a success rate of 53.4% and a total average return of 2.9% over the past year.

AnalystRecentRatingAutoNews_203276_20241028_b6e6c82b52d9ccbcd5cdf01a039cdb4a5669dc5f_1730115075403576_nn_en

Furthermore, according to the comprehensive report, the opinions of $Hexcel (HXL.US)$'s main analysts recently are as follows:

  • Hexcel is experiencing steady growth in the commercial aerospace sector despite fluctuations in production rates for certain Boeing and Airbus models, and this growth trajectory is anticipated to persist through 2025. Although Hexcel has withdrawn its 2026 guidance, this move serves to recalibrate expectations. Currently, the stock's valuation stands at a discount when compared to other Aerospace stocks; nonetheless, a cautious stance is maintained due to the potential downside to consensus estimates.

  • Hexcel has demonstrated its commitment to meeting its customers' requirements, simultaneously addressing near-term costs, establishing its reputation as a preferred partner, and achieving market share gains over time. The company's position is currently observed from a neutral perspective due to the potential impact of the Boeing strike and supply chain delays.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment