AAR Corp. (NYSE:AIR) price target raised to $53.00 by Canaccord Genuity

ME Staff
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Analyst Ratings For AAR Corp. (NYSE:AIR)

Today, Canaccord Genuity raised its price target on AAR Corp. (NYSE:AIR) to $53.00 per share.

There are 4 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on AAR Corp. (NYSE:AIR) is Buy with a consensus target price of $50.75 per share, a potential 1.07% downside.

Some recent analyst ratings include

  • 9/11/2018-AAR Corp. (NYSE:AIR) gets downgraded to Hold by SunTrust Banks with a price target of $47.00
  • 7/13/2018-AAR Corp. (NYSE:AIR) had its Buy rating reiterated by Seaport Global Securities with a $52.00 price target
  • 3/22/2018-AAR Corp. (NYSE:AIR) had its Buy rating reiterated by Noble Financial
  • 10/25/2016-AAR Corp. (NYSE:AIR) has coverage initiated with a Buy rating and $43.00 price target

Recent Insider Trading Activity For AAR Corp. (NYSE:AIR)
AAR Corp. (NYSE:AIR) has insider ownership of 7.43% and institutional ownership of 93.92%.

  • On 8/2/2018 Eric Pachapa, CAO, sold 3,000 with an average share price of $46.75 per share and the total transaction amounting to $140,250.00.
  • On 7/31/2018 Robert J Regan, VP, sold 24,239 with an average share price of $47.36 per share and the total transaction amounting to $1,147,959.04.
  • On 7/26/2018 David P Storch, Director, sold 63,736 with an average share price of $47.20 per share and the total transaction amounting to $3,008,339.20.
  • On 7/20/2018 David P Storch, Director, sold 11,764 with an average share price of $47.07 per share and the total transaction amounting to $553,731.48.
  • On 4/5/2018 David P Storch, CEO, sold 48,500 with an average share price of $43.73 per share and the total transaction amounting to $2,120,905.00.
  • On 4/3/2018 Peter Pace, Director, sold 5,000 with an average share price of $42.58 per share and the total transaction amounting to $212,900.00.
  • On 3/28/2018 David P Storch, CEO, sold 50,000 with an average share price of $44.02 per share and the total transaction amounting to $2,201,000.00.

About AAR Corp. (NYSE:AIR)
AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The company operates in two segments, Aviation Services and Expeditionary Services. The Aviation Services segment offers aftermarket support and services; inventory management and distribution services; and maintenance, repair, and overhaul, as well as engineering services. This segment also sells and leases new, overhauled, and repaired engine and airframe parts, and components; and provides inventory and repair programs, warranty claim management, and outsourcing programs for engine and airframe parts and components, as well as performance-based logistics programs in support of the U.S. Department of Defense and foreign governments. In addition, it offers airframe inspection, maintenance, repair and overhaul, painting, line maintenance, airframe modification, structural repair, avionic and installation, exterior and interior refurbishment, and engineering and support services; and repairs and overhauls landing gears, wheels, and brakes. The Expeditionary Services segment provides products and services supporting the movement of equipment and personnel by the U.S. and foreign governments, and non-governmental organizations. This segment also designs, manufactures, and repairs transportation pallets, and various containers and shelters, as well as composite materials for commercial, business, and military aircraft; and provides engineering, design, and system integration services for command and control systems. It serves commercial, defense, and governmental aircraft fleet operators; original equipment manufacturers; and independent service providers, as well as various other domestic and foreign military customers. The company primarily markets and sells products and services through its employees and foreign sales representatives. AAR Corp. was founded in 1951 and is headquartered in Wood Dale, Illinois.

Recent Trading Activity for AAR Corp. (NYSE:AIR)
Shares of AAR Corp. closed the previous trading session at 50,90 up +4,87 10,58 % with 51.51 shares trading hands.