Madison Air Solutions Corporation (NYSE:MAIR) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Madison Air Solutions Corporation (NYSE:MAIR) have been assigned an average recommendation of “Moderate Buy” from the thirteen analysts that are presently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $46.80.

A number of analysts have issued reports on the company. Royal Bank Of Canada cut their target price on Madison Air Solutions from $50.00 to $47.00 and set an “outperform” rating on the stock in a research report on Thursday, July 16th. Vertical Research started coverage on Madison Air Solutions in a research report on Monday, May 11th. They set a “buy” rating and a $50.00 price target for the company. Jefferies Financial Group started coverage on Madison Air Solutions in a research note on Tuesday, May 12th. They issued a “hold” rating and a $45.00 price objective for the company. Robert W. Baird assumed coverage on Madison Air Solutions in a report on Monday, May 11th. They issued an “outperform” rating and a $48.00 price objective on the stock. Finally, Wall Street Zen raised Madison Air Solutions to a “hold” rating in a research note on Sunday, July 12th.

Madison Air Solutions Trading Down 3.9%

Shares of MAIR opened at $34.87 on Friday. The company’s 50-day moving average is $38.41. The firm has a market capitalization of $17.48 billion and a PE ratio of 0.00. Madison Air Solutions has a 1-year low of $31.00 and a 1-year high of $44.50.

Madison Air Solutions (NYSE:MAIR) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $83,088.00 EPS for the quarter. The company had revenue of $923.70 million during the quarter, compared to analyst estimates of $847.55 million.

Madison Air Solutions Company Profile

We take up to 25,000 breaths a day and spend up to 90% of our lives indoors, often breathing air that’s two to five times more polluted than outdoor air. Clean air is absolutely essential to human life, yet most people rarely think about the air we breathe at home, in our schools, in healthcare facilities and in the workplace. Poor air quality doesn’t just affect comfort; it undermines health, productivity and performance. Improving air quality is a fundamental principle that is a key tenet in everything we do.