Cowen & Co. Maintains Their Buy Rating on Hexcel (HXL)

By Austin Angelo

In a report released today, Gautam Khanna from Cowen & Co. maintained a Buy rating on Hexcel (NYSE: HXL), with a price target of $75. The company’s shares opened today at $62.43.

According to TipRanks.com, Khanna is a 5-star analyst with an average return of 11.2% and a 64.3% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, Huntington Ingalls, and Vista Outdoor.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hexcel with a $75 average price target.

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The company has a one-year high of $73.42 and a one-year low of $58.78. Currently, Hexcel has an average volume of 556.2K.

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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, and Engineered Products.