Robert W. Baird analyst Peter Arment maintained a Hold rating on AeroVironment (AVAV – Research Report) on September 1 and set a price target of $95.00. The company’s shares closed yesterday at $95.29.
Arment covers the Industrials sector, focusing on stocks such as AeroVironment, Albany International, and Boeing. According to TipRanks, Arment has an average return of 9.9% and a 61.50% success rate on recommended stocks.
Currently, the analyst consensus on AeroVironment is a Strong Buy with an average price target of $113.75.
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AVAV market cap is currently $2.58B and has a P/E ratio of -14.13.
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AeroVironment, Inc. engages in the design, development, production, support, and operation of unmanned aircraft systems and electric transportation solutions. The company was founded in July 1971 by Paul B. MacCready, Jr. and is headquartered in Monrovia, CA.
Read More on AVAV:
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