B/E Aerospace (BEAV) Gets ‘Buy’ Rating

Symbols: BEAV
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B/E Aerospace (NASDAQ: BEAV) stock has declined by almost 5% during the previous week.

According to a recent report released by FBR Capital Markets, the commercial aerospace sector seems to have bottomed out. B/E Aerospace is scheduled to announce its Q4Y09 earnings on February 2, 2010. The company is likely to come up with EPS of $0.31.

B/E Aerospace has very effectively managed its cost. The company is also expected to benefit from the overall improvement in the aerospace sector. The firm has been given an ‘Outperformer’ rating and the 12-months target for the scrip has been pegged at $28.


 
 
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