B/E Aerospace (BEAV) : 11 analysts are covering B/E Aerospace (BEAV) and their average rating on the stock is 1.73, which is read as a Buy. 7 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. A Zacks Investment Research rank of 2, which recommends a Buy 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.
B/E Aerospace (BEAV) : The most positive equity analysts on B/E Aerospace (BEAV) expects the shares to touch $64, whereas, the least positive believes that the stock will trade at $49 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $54.7 with an expected fluctuation of $4.64 from the mean.
For the current week, the company shares have a recommendation consensus of Buy.
B/E Aerospace (NASDAQ:BEAV): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $46.19 and $45.88 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $46.45. The buying momentum continued till the end and the stock did not give up its gains. It closed at $46.04, notching a gain of 0.57% for the day. The total traded volume was 1,294,248 . The stock had closed at $45.78 on the previous day.
B/E Aerospace, Inc. is a manufacturer of cabin interior products for commercial aircraft and business jets. The Company sells its products and provides services directly to various airlines and aerospace manufacturers across the world. The Company operates through two segments: commercial aircraft (CAS) and business jet (BJS). The Companys commercial aircraft (CAS) segment offers a range of seating products, oxygen delivery systems, coffee makers and water boilers, ovens, and refrigeration equipment, modular lavatory, wastewater and galley systems, and also provides engineering, design, integration, installation and certification services. The Companys business jet segment offers a range of furnishings and interior packages for business jets.