Seaport Global analyst Josh Sullivan reiterated a Buy rating on AAR Corp (NYSE: AIR) on July 10 and set a price target of $52. The company’s shares closed yesterday at $45.64.
Sullivan has an average return of 11.2% when recommending AAR Corp.
According to TipRanks.com, Sullivan is ranked #518 out of 4843 analysts.
AAR Corp has an analyst consensus of Strong Buy, with a price target consensus of $51.33, implying a 12.5% upside from current levels. In a report issued on July 11, Canaccord Genuity also maintained a Buy rating on the stock with a $52 price target.
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AAR Corp’s market cap is currently $1.58B and has a P/E ratio of 105.84. The company has a Price to Book ratio of 1.69.
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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.
