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

Shares of StandardAero, Inc. (NYSE:SARO) have received a consensus recommendation of “Moderate Buy” from the ten analysts that are presently covering the stock, Marketbeat Ratings 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 price objective among analysts that have covered the stock in the last year is $35.67.

SARO has been the topic of several recent research reports. Cibc World Mkts raised shares of StandardAero to a “strong-buy” rating in a report on Monday, October 28th. Sanford C. Bernstein assumed coverage on StandardAero in a report on Monday, October 28th. They set an “outperform” rating and a $39.00 target price on the stock. Jefferies Financial Group started coverage on StandardAero in a research report on Monday, October 28th. They set a “buy” rating and a $38.00 price target for the company. Morgan Stanley started coverage on StandardAero in a research report on Monday, October 28th. They issued an “equal weight” rating and a $33.00 price objective on the stock. Finally, Royal Bank of Canada began coverage on StandardAero in a research report on Monday, October 28th. They set an “outperform” rating and a $37.00 price objective for the company.

StandardAero Stock Performance

StandardAero stock opened at $23.25 on Friday. StandardAero has a 52 week low of $22.50 and a 52 week high of $34.38. The stock has a 50-day simple moving average of $27.04.

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.