StandardAero, Inc. (NYSE:SARO) Given Average Rating of “Moderate Buy” by Brokerages

Shares of StandardAero, Inc. (NYSE:SARO) have earned a consensus rating of “Moderate Buy” from the ten ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $35.67.

Several research analysts have commented on the company. Cibc World Mkts raised StandardAero to a “strong-buy” rating in a research report on Monday, October 28th. Bank of America reduced their price target on StandardAero from $34.00 to $32.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 27th. Wolfe Research assumed coverage on StandardAero in a report on Monday, October 28th. They issued an “outperform” rating and a $34.00 price target for the company. JPMorgan Chase & Co. began coverage on shares of StandardAero in a research report on Monday, October 28th. They set an “overweight” rating and a $36.00 target price on the stock. Finally, Sanford C. Bernstein started coverage on shares of StandardAero in a research note on Monday, October 28th. They issued an “outperform” rating and a $39.00 target price for the company.

StandardAero Trading Up 0.9 %

Shares of SARO stock opened at $23.25 on Friday. The company has a fifty day simple moving average of $27.04. StandardAero has a 52 week low of $22.50 and a 52 week high of $34.38.

StandardAero Company Profile

StandardAero, Inc provides aerospace engine aftermarket services for fixed and rotary wing aircraft in the United States, Canada, the United Kingdom, Rest of Europe, Asia, and internationally. It operates in two segments, Engine Services and Component Repair Services. The Engine Services segment provides a suite of aftermarket services, including maintenance, repair and overhaul, on-wing and field service support, asset management, and engineering and related solutions to customers in the commercial aerospace, military and helicopter, and business aviation end markets.