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

StandardAero, Inc. (NYSE:SARO) has been given an average recommendation of “Moderate Buy” by the ten brokerages that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $35.67.

Several equities research analysts recently issued reports on the stock. CIBC assumed coverage on shares of StandardAero in a report on Monday, October 28th. They set a “sector outperform” rating and a $38.00 price target on the stock. JPMorgan Chase & Co. assumed coverage on shares of StandardAero in a report on Monday, October 28th. They set an “overweight” rating and a $36.00 price target on the stock. Cibc World Mkts raised shares of StandardAero to a “strong-buy” rating in a report on Monday, October 28th. Wolfe Research assumed coverage on shares of StandardAero in a report on Monday, October 28th. They set an “outperform” rating and a $34.00 price target on the stock. Finally, Sanford C. Bernstein initiated coverage on shares of StandardAero in a report on Monday, October 28th. They set an “outperform” rating and a $39.00 price target on the stock.

StandardAero Stock Performance

Shares of StandardAero stock opened at $23.09 on Friday. The firm’s 50 day moving average is $26.83. StandardAero has a 1 year low of $22.50 and a 1 year 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.