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Wedbush Maintains Outperform Rating and $26 PT on AAR

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A research report from Wedbush states that they maintain their Outperform rating and $26 PT for AAR Corp. (NYSE: AAR).

Oppenheimer writes, “Our price target is based on a 0.8x sales multiple, a 12x EPS multiple, and a 7x EBITDA multiple, all applied to our NTM estimates. We believe the upcoming investor day has the potential to be a positive catalyst for the shares, and we believe these multiples at the lower end of the historical ranges are appropriate even with the increased uncertainty today.”.

AAR closed yesterday at $15.17.

Posted-In: Wedbush SecuritiesAnalyst Color Reiteration Analyst Ratings

 

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