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Air Methods Corp. (NASDAQ:AIRM) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report issued on Monday. The firm currently has a $60.80 target price on the stock. Zacks‘s target price would indicate a potential upside of 1.66% from the stock’s previous close.

A number of other firms have also recently commented on AIRM. Analysts at Oppenheimer reiterated an “outperform” rating on shares of Air Methods Corp. in a research note on Friday. They now have a $65.00 price target on the stock, up previously from $60.00. Separately, analysts at KeyCorp initiated coverage on shares of Air Methods Corp. in a research note on Tuesday, June 3rd. They set a “buy” rating and a $63.00 price target on the stock. Finally, analysts at Stephens upgraded shares of Air Methods Corp. from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, May 20th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $60.95.

Air Methods Corp. (NASDAQ:AIRM) traded down 1.72% during mid-day trading on Monday, hitting $58.78. The stock had a trading volume of 983,998 shares. Air Methods Corp. has a one year low of $37.35 and a one year high of $60.74. The stock has a 50-day moving average of $51. and a 200-day moving average of $51.76. The company has a market cap of $2.301 billion and a P/E ratio of 27.09.

Air Methods Corp. (NASDAQ:AIRM) last announced its earnings results on Thursday, August 7th. The company reported $0.73 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.66 by $0.07. The company had revenue of $258.50 million for the quarter, compared to the consensus estimate of $251.90 million. During the same quarter in the prior year, the company posted $0.52 earnings per share. The company’s quarterly revenue was up 14.3% on a year-over-year basis. On average, analysts predict that Air Methods Corp. will post $2.68 earnings per share for the current fiscal year.

Air Methods Corporation (NASDAQ:AIRM) is a provider of air medical emergency transport services and systems throughout the United States of America.

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