R Squared Ltd Makes New $39,000 Investment in StandardAero, Inc. (NYSE:SARO)

R Squared Ltd bought a new position in shares of StandardAero, Inc. (NYSE:SARO) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,580 shares of the company’s stock, valued at approximately $39,000.

Wall Street Analysts Forecast Growth

SARO has been the subject of a number of recent research reports. Sanford C. Bernstein began coverage on StandardAero in a research note on Monday, October 28th. They issued an “outperform” rating and a $39.00 target price for the company. Morgan Stanley began coverage on StandardAero in a report on Monday, October 28th. They set an “equal weight” rating and a $33.00 target price for the company. Royal Bank of Canada started coverage on StandardAero in a research note on Monday, October 28th. They issued an “outperform” rating and a $37.00 price objective for the company. JPMorgan Chase & Co. started coverage on StandardAero in a research report on Monday, October 28th. They set an “overweight” rating and a $36.00 target price on the stock. Finally, Jefferies Financial Group started coverage on StandardAero in a research report on Monday, October 28th. They set a “buy” rating and a $38.00 target price on the stock. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $35.67.

StandardAero Stock Down 0.2 %

Shares of SARO opened at $26.85 on Monday. StandardAero, Inc. has a 52 week low of $22.50 and a 52 week high of $34.38. The business has a 50 day moving average price of $25.86.

About StandardAero

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.