Barclays Sticks to Its Hold Rating for Hexcel (HXL)

By Carrie Williams

Barclays analyst David E. Strauss maintained a Hold rating on Hexcel (HXLResearch Report) on May 24 and set a price target of $77. The company’s shares closed on Friday at $74.13, close to its 52-week high of $75.

According to, Strauss is a 4-star analyst with an average return of 6.0% and a 59.8% success rate. Strauss covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, Transdigm Group Inc, and L3 Technologies Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hexcel with a $80.13 average price target, implying an 8.1% upside from current levels. In a report issued on May 23, UBS also upgraded the stock to Hold with a $76 price target.

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Hexcel’s market cap is currently $6.29B and has a P/E ratio of 22.63. The company has a Price to Book ratio of 4.58.

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock.

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Hexcel Corp. engages in the development, manufacture, and market of advanced composite materials for the commercial aerospace, space and defense, and industrial markets. It operates through the following segments: Composite Materials; Engineered Products; and Corporate and Other.