Auriga Gives Buy Rating to CPI Aerostructures (CVU)

By admin | 6 years ago

CPI Aerostructures (NYSE: CVU)‘s stock had its “buy” rating reaffirmed by research analysts at Auriga in a report released on Wednesday.

Shares of CPI Aerostructures traded down 1.43% during mid-day trading on Wednesday, hitting $14.44. CPI Aerostructures has a 52 week low of $8.78 and a 52 week high of $16.42. The company has a market cap of $101.2 million and a P/E ratio of 13.07.

A number of other firms have also recently commented on CVU. Analysts at Capstone Investments upgraded shares of CPI Aerostructures from a “hold” rating to a “buy” rating in a research note to investors on Friday, March 30th. They now have a $17.00 price target on the stock. Separately, analysts at Capstone upgraded shares of CPI Aerostructures from a “hold” rating to a “buy” rating in a research note to investors on Friday, March 30th. They now have a $17.00 price target on the stock. Finally, analysts at C.K. Cooper initiated coverage on shares of CPI Aerostructures in a research note to investors on Tuesday, March 20th. They set a “buy” rating and a $19.50 price target on the stock.

CPI Aerostructures, Inc. (CPI Aero) is engaged in the contract production of structural aircraft parts principally for the United States Air Force and other branches of the United States armed forces, either as a prime contractor or as a subcontractor to other defense prime contractors.

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