The price of HXL is predicted to go up 1.14%, based on the high correlation periods with LCUT. The similarity of these two price pattern on the periods is 96.76%.
HXL
LCUT
Commercial aerospace manufacturing has a highly visible revenue runway from increasing flights per capita, despite covid, as middle-class demand in emerging markets grows.
Hexcel has long-term sole-sources contracts for most of its revenue, which we believe creates substantial switching costs for customers.
Composites, Hexcel's primary product, have increased as a proportion of aircraft weight with each successive generation of aircraft.
RBC Capital
2025-01-24
Price Target
$74 → $82
Upside
+21.3%
Truist Securities
2025-01-24
Price Target
$76 → $85
Upside
+25.74%
RBC Capital
2024-12-19
Price Target
$68 → $74
Upside
+17.35%