Hexcel Declares Quarterly Dividend

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Go back to Hexcel Declares Quarterly Dividend

Hexcel Corp. (HXL) PT Raised to $58 at Jefferies Following 3Q Release

October 19, 2017 9:40 AM EDT

Jefferies raised its price target on Hexcel Corp. (NYSE: HXL) to $58.00 (from $50.00) while maintaining a Hold rating following the company's 3Q. Hexcel reported Adjusted Q3 EPS of $0.71 vs. consensus estimates of $0.68. Revenues declined 2% y-o-y and were 2% below the forecast.

Management trimmed... More