StandardAero, Inc. (NYSE:SARO) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of StandardAero, Inc. (NYSE:SARO) have been given a consensus recommendation of “Moderate Buy” by the ten analysts that are covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $35.67.

Several brokerages recently issued reports on SARO. CIBC began coverage on StandardAero in a research report on Monday, October 28th. They set a “sector outperform” rating and a $38.00 target price for the company. Jefferies Financial Group began coverage on StandardAero in a research report on Monday, October 28th. They set a “buy” rating and a $38.00 price objective for the company. UBS Group initiated coverage on StandardAero in a report on Monday, October 28th. They issued a “neutral” rating and a $34.00 target price on the stock. Morgan Stanley began coverage on shares of StandardAero in a report on Monday, October 28th. They set an “equal weight” rating and a $33.00 price target for the company. Finally, Wolfe Research began coverage on shares of StandardAero in a research note on Monday, October 28th. They issued an “outperform” rating and a $34.00 price objective on the stock.

StandardAero Stock Up 3.3 %

SARO stock opened at $24.60 on Friday. The company’s fifty day simple moving average is $26.40. StandardAero has a 52-week low of $22.50 and a 52-week high of $34.38.

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.