RBC Capital analyst Kenneth Herbert maintained a Buy rating on AeroVironment (AVAV – Research Report) on June 25 and set a price target of $200.00. The company’s shares closed yesterday at $272.37.

Herbert covers the Industrials sector, focusing on stocks such as Boeing, Airbus Group SE, and GE Aerospace. According to TipRanks, Herbert has an average return of 23.5% and a 71.28% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for AeroVironment with a $218.00 average price target, a -19.96% downside from current levels. In a report released on June 25, Stifel Nicolaus also reiterated a Buy rating on the stock with a $240.00 price target.

Based on AeroVironment’s latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $242.23 million and a net profit of $16.66 million. In comparison, last year the company earned a revenue of $196.98 million and had a net profit of $6.05 million