Noble Financial analyst Ben Klieve maintained a Buy rating on AAR Corp (NYSE: AIR) yesterday and set a price target of $57. The company’s shares closed yesterday at $46.83, close to its 52-week high of $49.05.
According to TipRanks.com, Klieve is a 4-star analyst with an average return of 7.1% and a 71.2% success rate. Klieve covers the Consumer Goods sector, focusing on stocks such as Comtech Telecommunications, Albany International Corp, and CPI Aerostructures.
Currently, the analyst consensus on AAR Corp is a Strong Buy with an average price target of $53.67, a 14.6% upside from current levels. In a report issued on August 16, Canaccord Genuity also maintained a Buy rating on the stock with a $52 price target.
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The company has a one-year high of $49.05 and a one-year low of $34.25. Currently, AAR Corp has an average volume of 206.7K.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is neutral on the stock.
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AAR Corp. engages in the provision of products and services to commercial aviation and government and defense industries. It operates through the Aviation Services and Expeditionary Services segments.
