AAR Corp. Sees Upside Potential with Reaffirmed Outperform Rating
AAR Corp., a global provider of aviation services, has had its 'outperform' rating reaffirmed by Royal Bank Of Canada.
The analysts at Royal Bank Of Canada currently have a price objective of $145.00 on AAR's stock, suggesting a potential upside of 25.38% from the current price.
This is not an isolated opinion: several other research firms have also recently issued reports on AAR, with Jefferies Financial Group raising its target price to $155.00 and giving the stock a 'buy' rating, and Zacks Research upgrading AAR from a 'hold' rating to a 'strong-buy' rating.
However, not all analysts are optimistic: Wall Street Zen downgraded AAR from a 'buy' rating to a 'hold' rating in a report on Saturday, August 1st.