VSE (NASDAQ:VSEC) Price Target Raised to $101.00 at B. Riley

VSE (NASDAQ:VSEC) had its price target raised by B. Riley from $91.00 to $101.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has a “buy” rating on the construction company’s stock. B. Riley’s price target points to a potential upside of 24.34% from the stock’s previous close.

A number of other research analysts have also recently commented on VSEC. Benchmark reissued a “buy” rating and set a $85.00 target price on shares of VSE in a research report on Tuesday, April 16th. StockNews.com lowered shares of VSE from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $85.50.

VSE Trading Up 0.7 %

VSEC stock traded up $0.55 during midday trading on Friday, reaching $81.23. 72,787 shares of the company’s stock traded hands, compared to its average volume of 93,830. The company has a market capitalization of $1.28 billion, a P/E ratio of 33.67 and a beta of 1.68. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.70 and a quick ratio of 0.95. VSE has a fifty-two week low of $45.76 and a fifty-two week high of $86.26. The business has a 50-day moving average price of $78.19 and a two-hundred day moving average price of $67.64.

Institutional Investors Weigh In On VSE

Institutional investors have recently bought and sold shares of the stock. Bfsg LLC acquired a new stake in VSE in the 4th quarter valued at about $41,000. Amalgamated Bank increased its holdings in shares of VSE by 18.4% in the 3rd quarter. Amalgamated Bank now owns 1,237 shares of the construction company’s stock valued at $62,000 after purchasing an additional 192 shares during the period. AJOVista LLC acquired a new position in shares of VSE in the 4th quarter valued at about $75,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of VSE in the 3rd quarter valued at about $135,000. Finally, Simplex Trading LLC acquired a new position in shares of VSE in the 4th quarter valued at about $199,000. Institutional investors and hedge funds own 91.54% of the company’s stock.

About VSE

VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through two segments, Aviation and Fleet. The Aviation segment provides aftermarket parts supply and distribution; maintenance, repair, and overhaul services for components and engine accessories supporting commercial, business, and general aviation operators.