AeroVironment, Inc. (NASDAQ:AVAV) Receives $29.50 Consensus Price Target from Analysts

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Shares of AeroVironment, Inc. (NASDAQ:AVAV) have earned an average rating of “Buy” from the six analysts that are currently covering the stock, Analyst Ratings Net reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $29.50.

Several analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of AeroVironment from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a report on Tuesday, December 29th. TheStreet upgraded shares of AeroVironment from a “sell” rating to a “hold” rating in a report on Tuesday, December 8th. Piper Jaffray restated a “buy” rating on shares of

AeroVironment in a report on Thursday, December 10th. Finally, Canaccord Genuity restated a “hold” rating and issued a $24.00 price objective on shares of AeroVironment in a report on Wednesday, December 9th.
AeroVironment (NASDAQ:AVAV) opened at 25.21 on Friday. The company has a 50 day moving average of $25.13 and a 200 day moving average of $24.21. The stock has a market capitalization of $579.45 million and a price-to-earnings ratio of 84.60. AeroVironment has a 12 month low of $19.10 and a 12 month high of $30.65.