B/E Aerospace (BEAV) : Traders are bullish on B/E Aerospace (BEAV) as it has outperformed the S&P 500 by a wide margin of 4.96% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.92%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.25% in the last 1 week, and is up 4.74% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 4.34% and the fifty day Moving Average is 6.74%. B/E Aerospace Inc. is up 5.57% in the last three month period. Year-to-Date the stock performance stands at 19.86%.
B/E Aerospace (BEAV) : 8 investment research analysts covering B/E Aerospace (BEAV) have an average price target of $54.13 for the near short term. The highest target price given by the Brokerage Firm to the stock is $60 and the lowest target is $48 for the short term. Analysts expect the variance to be within $3.56 of the average price.
B/E Aerospace (NASDAQ:BEAV): stock turned positive on Friday. Though the stock opened at $50, the bulls momentum made the stock top out at $50.322 level for the day. The stock recorded a low of $49.71 and closed the trading day at $50.1, in the green by 0.14%. The total traded volume for the day was 550,079. The stock had closed at $50.03 in the previous days trading.
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.