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

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

A number of equities research analysts recently issued reports on the company. Sanford C. Bernstein began coverage on StandardAero in a research note on Monday, October 28th. They issued an “outperform” rating and a $39.00 price objective on the stock. Wolfe Research initiated coverage on shares of StandardAero in a research report on Monday, October 28th. They issued an “outperform” rating and a $34.00 price target on the stock. CIBC initiated coverage on shares of StandardAero in a report on Monday, October 28th. They issued a “sector outperform” rating and a $38.00 price objective for the company. Morgan Stanley initiated coverage on shares of StandardAero in a report on Monday, October 28th. They set an “equal weight” rating and a $33.00 target price on the stock. Finally, UBS Group began coverage on StandardAero in a report on Monday, October 28th. They issued a “neutral” rating and a $34.00 price target for the company.

StandardAero Stock Performance

Shares of SARO opened at $24.08 on Friday. StandardAero has a 1 year low of $22.50 and a 1 year high of $34.38. The company has a fifty day moving average price of $26.73.

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.