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A report released today by Robert W. Baird about AeroVironment (NASDAQ:AVAV) raises the target price to $24.00

In a statement issued on 10/06/2016 Robert W. Baird raised the target price of AeroVironment (NASDAQ:AVAV) to $24.00 reporting a potential downside of -0.02%.

Showing a price of $24.55, AeroVironment (NASDAQ:AVAV) traded 0.86% higher on the day. With the last stock price close down -11.84% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. AVAV has recorded a 50-day moving average of $25.70 and a 200-day moving average of $27.85. 85,287 shares of AeroVironment exchanged hands, down from an avg. volume of 157,246

Performance Chart

AeroVironment (NASDAQ:AVAV)

With a total market value of $0, AeroVironment has 52 week low of $20.79 and a one year high of $32.44 with a PE ratio of 134.89 .

Also covering AeroVironment's price target, a total of 6 equity analysts have released a ratings update on AVAV. The 12-month price target is $31.50 with 1 firm rating the stock a strong buy, 2 brokers rating the stock a buy, six equity analysts rating the company a hold, 0 firms rating the stock a underperform, and lastly zero analysts rating the stock a sell.

General Company Details For AeroVironment (NASDAQ:AVAV)

AeroVironment, Inc. designs, develops, produces, supports and operates a portfolio of products and services for government agencies, businesses and consumers. The Company operates through two segments: Unmanned Aircraft Systems (UAS), which focuses primarily on the design, development, production, support and operation of UAS and tactical missile systems that provide situational awareness, multi-band communications, force protection and other mission effects, and Efficient Energy Systems (EES), which focuses primarily on the design, development, production, marketing, support and operation of electric energy systems. The Company supplies UAS, tactical missile systems and related services primarily to organizations within the United States Department of Defense (DoD). The Company also supplies charging systems and services for electric vehicles (EVs), and power cycling and test systems to commercial, consumer and government customers.

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