StandardAero (NYSE:SARO) Research Coverage Started at Sanford C. Bernstein

Sanford C. Bernstein began coverage on shares of StandardAero (NYSE:SARO) in a research note issued to investors on Monday morning, Marketbeat Ratings reports. The brokerage issued an outperform rating and a $39.00 target price on the stock.

SARO has been the subject of a number of other research reports. Bank of America assumed coverage on shares of StandardAero in a report on Monday. They set a “neutral” rating and a $34.00 price objective for the company. Wolfe Research began coverage on shares of StandardAero in a report on Monday. They issued an “outperform” rating and a $34.00 price target for the company. JPMorgan Chase & Co. initiated coverage on shares of StandardAero in a research report on Monday. They issued an “overweight” rating and a $36.00 price objective for the company. UBS Group assumed coverage on StandardAero in a report on Monday. They set a “neutral” rating and a $34.00 target price on the stock. Finally, Royal Bank of Canada started coverage on StandardAero in a research note on Monday. They issued an “outperform” rating and a $37.00 target price for the company. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, StandardAero currently has an average rating of “Moderate Buy” and a consensus target price of $35.89.

StandardAero Trading Up 0.7 %

StandardAero stock opened at $29.39 on Monday. StandardAero has a 1 year low of $28.41 and a 1 year high of $34.38.

Insiders Place Their Bets

In related news, major shareholder Private Ltd Gic sold 2,900,552 shares of StandardAero stock in a transaction that occurred on Thursday, October 3rd. The stock was sold at an average price of $22.74, for a total value of $65,958,552.48. Following the sale, the insider now owns 47,447,058 shares of the company’s stock, valued at approximately $1,078,946,098.92. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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.