StandardAero, Inc. (NYSE:SARO) Receives $35.67 Consensus PT from Brokerages

StandardAero, Inc. (NYSE:SARO - Get Free Report) has earned a consensus rating of "Moderate Buy" from the ten brokerages that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $35.67.

SARO has been the topic of several research analyst reports. CIBC began coverage on shares of StandardAero in a research report on Monday, October 28th. They issued a "sector outperform" rating and a $38.00 price target on the stock. UBS Group assumed coverage on shares of StandardAero in a research note on Monday, October 28th. They issued a "neutral" rating and a $34.00 target price for the company. Wolfe Research initiated coverage on StandardAero in a research note on Monday, October 28th. They set an "outperform" rating and a $34.00 price target on the stock. Bank of America cut their price target on StandardAero from $34.00 to $32.00 and set a "neutral" rating for the company in a report on Wednesday, November 27th. Finally, Royal Bank of Canada started coverage on StandardAero in a report on Monday, October 28th. They set an "outperform" rating and a $37.00 price objective on the stock.

StandardAero Trading Up 0.9 %

Shares of StandardAero stock traded up $0.21 during midday trading on Friday, hitting $23.25. The company had a trading volume of 2,093,669 shares, compared to its average volume of 2,383,812. StandardAero has a 1-year low of $22.50 and a 1-year high of $34.38. The company's 50 day moving average price is $26.94.

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.