Hexcel Corporation (HXL) : 8 analysts are covering Hexcel Corporation (HXL) and their average rating on the stock is 2.13, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Hexcel Corporation (HXL) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Hexcel Corporation (HXL) : 8 Wall Street analysts covering Hexcel Corporation (HXL) believe that the average level the stock could reach for the short term is $48.81. The maximum price target given is $56 and the minimum target for short term is around $39, hence the standard deviation is calculated at $5.29.
Company shares have received an average consensus rating of Hold for the current week
Hexcel Corporation (NYSE:HXL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.07 and $43.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.12. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.99, notching a gain of 2.04% for the day. The total traded volume was 759,291 . The stock had closed at $43.11 on the previous day.
Hexcel Corporation (Hexcel) is a composites company. The Company develops, manufactures and markets lightweight, structural materials, including carbon fibers, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered honeycomb and composite structures for use in commercial aerospace, space and defense and industrial markets. The Company operates in two segments: Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems and laminates. The Engineered Products segment manufactures and markets composite structures and precision machined honeycomb parts for use in the aerospace industry.