Cowen & Co. Remains a Buy on Hexcel (HXL)


Cowen & Co. analyst Gautam Khanna maintained a Buy rating on Hexcel (HXL) today and set a price target of $66. The company’s shares opened today at $61.27.

According to TipRanks.com, Khanna is a 4-star analyst with an average return of 7.9% and a 56.4% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, Huntington Ingalls, and Vista Outdoor.

Hexcel has an analyst consensus of Moderate Buy, with a price target consensus of $76.50, implying a 24.9% upside from current levels. In a report issued on January 8, BMO Capital also upgraded the stock to Buy with a $73 price target.

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Hexcel’s market cap is currently $5.3B and has a P/E ratio of 18.48. The company has a Price to Book ratio of 3.86.

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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.