In a report released today, Peter Arment from Robert W. Baird maintained a Hold rating on AeroVironment (NASDAQ: AVAV), with a price target of $74. The company’s shares closed yesterday at $85.74, close to its 52-week high of $87.53.
According to TipRanks.com, Arment is a 5-star analyst with an average return of 16.1% and a 74.0% success rate. Arment covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, Curtiss-Wright, and Flir Systems.
AeroVironment has an analyst consensus of Hold, with a price target consensus of $65.
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The company has a one-year high of $87.53 and a one-year low of $38.71. Currently, AeroVironment has an average volume of 331.1K.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock.
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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.
