BMO Capital has revised its price target for Hexcel Corporation (HXL, Financial) from $68 to $52, while maintaining a Market Perform rating on the company's stock. According to analyst John McNulty, the decision stems from ongoing supply chain disruptions in the aerospace sector, which continue to pressure Hexcel's financial performance.
A significant factor impacting Hexcel's earnings is the A350 aircraft, which has substantial involvement from the company, and has been particularly affected by these supply issues. Additionally, slower production rates of the A320 and 787 models have further complicated Hexcel's recovery, compounding the challenges the company faces in navigating the current industry climate.
The adjustment in the price target reflects the intricate dynamics within the aerospace industry and anticipates continued volatility as Hexcel works through these hindrances.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Hexcel Corp (HXL, Financial) is $60.21 with a high estimate of $81.00 and a low estimate of $50.00. The average target implies an upside of 24.63% from the current price of $48.31. More detailed estimate data can be found on the Hexcel Corp (HXL) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Hexcel Corp's (HXL, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Hexcel Corp (HXL, Financial) in one year is $85.09, suggesting a upside of 76.13% from the current price of $48.31. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Hexcel Corp (HXL) Summary page.
