StandardAero, Inc. (NYSE:SARO) Receives $35.67 Average Target Price from Analysts

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

Several equities analysts recently weighed in on the stock. JPMorgan Chase & Co. assumed coverage on shares of StandardAero in a report on Monday, October 28th. They issued an “overweight” rating and a $36.00 price objective on the stock. Morgan Stanley assumed coverage on shares of StandardAero in a report on Monday, October 28th. They issued an “equal weight” rating and a $33.00 target price on the stock. Bank of America cut their target price on shares of StandardAero from $34.00 to $32.00 and set a “neutral” rating on the stock in a report on Wednesday, November 27th. Wolfe Research assumed coverage on shares of StandardAero in a report on Monday, October 28th. They issued an “outperform” rating and a $34.00 target price on the stock. Finally, Cibc World Mkts upgraded shares of StandardAero to a “strong-buy” rating in a report on Monday, October 28th.

StandardAero Trading Down 0.5 %

Shares of SARO stock opened at $23.09 on Friday. StandardAero has a 1 year low of $22.50 and a 1 year high of $34.38. The business’s 50 day moving average is $26.83.

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.