Credit Suisse (SIX:CSGN) analyst Robert Spingarn maintained a Buy rating on AAR (NYSE:AIR) Corp. on Wednesday, setting a price target of $51, which is approximately 27.56% above the present share price of $39.98.
Spingarn expects AAR Corp . to post earnings per share (EPS) of $0.23 for the first quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in AAR, with an average price target of $49.2.
The analysts price targets range from a high of $52 to a low of $45.
In its latest earnings report, released on 11/30/2020, the company reported a quarterly revenue of $403.6 million and a net profit of $21.7 million. The company's market cap is $1.41 billion.
According to TipRanks.com, Credit Suisse analyst Robert Spingarn is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.1% and a 64.20% success rate.
AAR Corp. engages in the provision of products and services to commercial aviation and government and defense industries. It operates through the following segments: Aviation Services and Expeditionary Services. The Aviation Services segment consists of aftermarket support and services businesses that provide spares and maintenance support for aircraft operated by commercial and government/defense customers. The Expeditionary Services segment involves in delivery of airlift services; and design and manufacture of pallets, shelters, and containers used to support the military's requirements for a mobile and agile force. The company was founded by Ira A. Eichner in 1951 and is headquartered in Wood Dale, IL.