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Hexcel (HXL) Receives a Hold from BMO Capital

Tipranks - Tipranks - Tue Jul 7, 7:02AM CDT

In a report released today, John McNulty from BMO Capital maintained a Hold rating on Hexcel, with a price target of $97.00.

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According to TipRanks, McNulty is a 4-star analyst with an average return of 4.9% and a 54.27% success rate. McNulty covers the Basic Materials sector, focusing on stocks such as Solstice Advanced Materials, Inc., PPG Industries, and Ashland.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hexcel with a $93.70 average price target.

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Based on Hexcel’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $494.6 million and a net profit of $37.2 million. In comparison, last year the company earned a revenue of $456.5 million and had a net profit of $28.9 million

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