Royal Bank of Canada Adjusts Price Target for V2X (NYSE:VVX) to $54.00
On February 27, 2025, V2X (NYSE:VVX) was given a revised price target by analysts at the Royal Bank of Canada, reducing it from $58.00 to $54.00. This update was part of a research report distributed to clients and investors. The current rating from the firm indicates a ‘sector perform’ status for the stock. The newly set price target suggests a potential upside of 14.36% based on V2X's latest trading prices.
Other analysts have also recently assessed V2X and provided varying opinions. BTIG Research began coverage of the company on November 25, 2024, assigning a ‘buy’ rating with a price target of $80.00. On January 21, 2025, Citigroup issued a ‘buy’ rating along with a price target of $64.00. Conversely, analysts from The Goldman Sachs Group initiated their coverage on December 12, 2024, with a ‘sell’ rating and a target price also set at $54.00. Additionally, Raymond James reiterated an ‘outperform’ rating, lowering its price target from $72.00 to $65.00. JMP Securities upheld a ‘market outperform’ rating with a target price of $80.00. Overall, the consensus rating for V2X stands at ‘Moderate Buy’ based on evaluations from multiple analysts, reflecting a strong interest in the stock with an average price target of $65.38.
Current Stock Performance
As of the last trading session on Tuesday, February 27, 2025, V2X's stock price opened at $47.22. The company has been experiencing some fluctuations, with a 50-day moving average of $48.87 and a 200-day moving average of $54.54. V2X has a market capitalization of $1.49 billion, a PE ratio of 168.65, a PEG ratio of 0.61, and a beta of 0.60. The stock has shown a 52-week low of $37.58 and a high of $69.75, indicating volatility and room for growth.
Institutional Investments in V2X
Several institutional investors and hedge funds have modified their stakes in V2X recently. Allspring Global Investments Holdings LLC reported a significant 38.3% increase in holdings during the third quarter, now owning 12,320 shares valued at $688,000 after acquiring an additional 3,414 shares. Assenagon Asset Management S.A. also increased its holdings by 1.9% in the same period, resulting in ownership of 20,778 shares valued at $1,161,000. Additionally, US Bancorp DE raised its stake by 81.0% during the third quarter, accumulating 1,028 shares worth $57,000. Various other investors have made new acquisitions or increased their positions in the company, with approximately 95.18% of the stock currently held by institutional investors and hedge funds.
About V2X
V2X, Inc. is a company that provides mission-critical solutions and support services to defense clients around the world. Established in 2014 and headquartered in McLean, Virginia, the company offers a wide range of integrated solutions across operations and logistics, aerospace, training, and technological sectors to various clients in national security, defense, as well as civilian and international markets.
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