Credit Suisse (SIX:CSGN) analyst Robert Spingarn maintained a Buy rating on AAR (NYSE:AIR) Corp. on Friday, setting a price target of $52, which is approximately 42.74% above the present share price of $36.43.
Spingarn expects AAR Corp . to post earnings per share (EPS) of $0.79 for the third quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in AAR, with an average price target of $52.
The analysts price targets range from a high of $52 to a low of $52.
In its latest earnings report, released on 02/28/2021, the company reported a quarterly revenue of $410.3 million and a net profit of $39.7 million. The company's market cap is $1.29 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 65.58% 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.