Fintel reports that on October 25, 2023, Morgan Stanley maintained coverage of Hexcel (NYSE:HXL) with a Equal-Weight recommendation.
Analyst Price Forecast Suggests 27.77% Upside
As of October 5, 2023, the average one-year price target for Hexcel is 76.57. The forecasts range from a low of 62.62 to a high of $89.25. The average price target represents an increase of 27.77% from its latest reported closing price of 59.93.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Hexcel is 1,773MM, an increase of 0.69%. The projected annual non-GAAP EPS is 1.84.
What is the Fund Sentiment?
There are 808 funds or institutions reporting positions in Hexcel. This is a decrease of 1 owner(s) or 0.12% in the last quarter. Average portfolio weight of all funds dedicated to HXL is 0.31%, an increase of 0.17%. Total shares owned by institutions decreased in the last three months by 4.15% to 99,167K shares. 
The put/call ratio of HXL is 0.11, indicating a bullish outlook.
What are Other Shareholders Doing?
Alliancebernstein holds 5,412K shares representing 6.41% ownership of the company. In it's prior filing, the firm reported owning 5,694K shares, representing a decrease of 5.21%. The firm increased its portfolio allocation in HXL by 19.15% over the last quarter.
Earnest Partners holds 4,297K shares representing 5.09% ownership of the company. In it's prior filing, the firm reported owning 5,214K shares, representing a decrease of 21.36%. The firm decreased its portfolio allocation in HXL by 11.30% over the last quarter.
Bank Of America holds 3,635K shares representing 4.30% ownership of the company. In it's prior filing, the firm reported owning 4,131K shares, representing a decrease of 13.66%. The firm increased its portfolio allocation in HXL by 0.01% over the last quarter.
Boston Partners holds 2,682K shares representing 3.17% ownership of the company. In it's prior filing, the firm reported owning 3,057K shares, representing a decrease of 14.00%. The firm increased its portfolio allocation in HXL by 145.57% over the last quarter.
EAASX - Eaton Vance Atlanta Capital SMID-Cap Fund holds 2,665K shares representing 3.16% ownership of the company. No change in the last quarter.
Hexcel Background Information
(This description is provided by the company.)
Hexcel Corporation is a leading advanced composites company. It develops, manufactures, and markets lightweight, high-performance structural materials including carbon fibers, specialty reinforcements, prepregs, and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered core and composite structures for use in commercial aerospace, space and defense, and industrial applications.
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