Hexcel Received its Third Buy in a Row

By Carrie Williams

After Canaccord Genuity and Cowen & Co. gave Hexcel (NYSE: HXL) a Buy rating last month, the company received another Buy, this time from Stephens. Analyst Drew Lipke reiterated a Buy rating on Hexcel yesterday and set a price target of $80. The company’s shares closed yesterday at $67.85.

Lipke has an average return of 6.9% when recommending Hexcel.

According to TipRanks.com, Lipke is ranked #1930 out of 4835 analysts.

Hexcel has an analyst consensus of Moderate Buy, with a price target consensus of $77.50, a 14.2% upside from current levels. In a report issued on July 24, Canaccord Genuity also maintained a Buy rating on the stock with a $80 price target.


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Hexcel’s market cap is currently $5.94B and has a P/E ratio of 21.44. The company has a Price to Book ratio of 4.24.

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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.