VSE Corporation (NASDAQ:VSEC) is among the 8 Aerospace and Defense Stocks with the Largest 5Y Share Price Returns, with the company’s shares having gained over 350% during the period.
On June 26, Morgan Stanley analyst Kristine Liwag initiated coverage on the stock with an Equal Weight rating and a price target of $245
According to TipRanks, the firm praised the company’s aerospace aftermarket platform as ‘differentiated’ given the promising growth and margin drivers. However, the analyst told investors in a research note that Morgan Stanley believes the stock’s valuation offers a balanced risk/reward at its current trading levels. The update follows RBC Capital’s reaffirmation of an Outperform rating and $240 price target on VSE Corporation (NASDAQ:VSEC) on June 10.
Overall, Wall Street has a bullish outlook on the stock with a Strong Buy rating based on the recommendations from 9 analysts. VSEC has a one-year average share price target of $249, representing an upside potential of 11% from Monday’s close. In other news, on May 7, the company announced a quarterly cash dividend of 10 cents per share.