Cowen & Co. Sticks to Their Hold Rating for Wesco Aircraft (WAIR)


In a report released today, Gautam Khanna from Cowen & Co. maintained a Hold rating on Wesco Aircraft (NYSE: WAIR), with a price target of $12. The company’s shares closed on Friday at $13.20, close to its 52-week high of $13.65.

According to TipRanks.com, Khanna is a 5-star analyst with an average return of 14.1% and a 79.3% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, Huntington Ingalls, and ManTech.

Wesco Aircraft has an analyst consensus of Moderate Buy, with a price target consensus of $13.

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The company has a one-year high of $13.65 and a one-year low of $6.05. Currently, Wesco Aircraft has an average volume of 430.3K.

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Wesco Aircraft Holdings, Inc. engages in the distribution and provision of supply chain management services to the global aerospace industry. It operates through the following segments: The Americas; Europe, Middle East and Africa, and Asia Pacific. The company was founded by Joshua Jack Snyder in 1953 and is headquartered in Valencia, CA.

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