AeroVironment Price Target Raised to $26.00 at Benchmark Co. (AVAV)
Equities research analysts at Benchmark Co. hoisted their price target on shares of AeroVironment (NYSE:AVAV) to $26.00 in a research note issued to investors on Tuesday, American Banking and Market News reports. The firm currently has a “buy” rating on the stock. Benchmark Co.’s price target points to a potential upside of 14.34% from the stock’s previous close.
AeroVironment (NYSE:AVAV) traded up 1.25% during mid-day trading on Tuesday, hitting $22.74. The stock had a trading volume of 260,636 shares. AeroVironment has a one year low of $16.98 and a one year high of $24.64. The stock has a 50-day moving average of $22.60 and a 200-day moving average of $20.48. The company has a market cap of $505.7 million and a P/E ratio of 107.98.
AeroVironment, Inc designs, develops, produces and supports a portfolio of unmanned aircraft systems (NYSE:AVAV), supplied to organizations within the United States Department of Defense (DoD), charging systems for electric vehicle batteries and power cycling and test systems supplied to commercial and government customers.
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