B/E Aerospace (BEAV) has an average broker rating of 1.73, which is interpreted as a Buy, as rated by 11 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.
B/E Aerospace (BEAV) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $64 and the lowest price target forecast is $49. The average forecast of all the analysts is $54.7 and the expected standard deviation is $4.64.
B/E Aerospace (NASDAQ:BEAV): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.88 and $44.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.38. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.29, notching a gain of 0.31% for the day. The total traded volume was 1,329,220 . The stock had closed at $45.15 on the previous day.
Also, Equity analysts at the Brokerage firm JP Morgan downgrades its rating on B/E Aerospace (NASDAQ:BEAV). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Overweight by the brokerage firm. The Analysts at JP Morgan lowers the price target from $54 per share to $50 per share. The rating by the firm was issued on May 20, 2016. The company shares have dropped -16.11% from its 1 Year high price. On Jul 20, 2015, the shares registered one year high at $55.85 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $47.51 and the 200 Day Moving Average price is recorded at $45.18.
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.