Madison Air Solutions Corporation (NYSE:MAIR) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Madison Air Solutions Corporation (NYSE:MAIR) has earned a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $47.00.

A number of analysts recently issued reports on MAIR shares. Robert W. Baird started coverage on Madison Air Solutions in a research report on Monday, May 11th. They issued an “outperform” rating and a $48.00 price target for the company. The Goldman Sachs Group started coverage on Madison Air Solutions in a research report on Monday, May 11th. They issued a “neutral” rating and a $44.00 price target for the company. Zacks Research upgraded Madison Air Solutions to a “hold” rating in a research report on Tuesday, May 12th. Wells Fargo & Company started coverage on Madison Air Solutions in a research note on Monday, May 11th. They issued an “overweight” rating and a $47.00 target price on the stock. Finally, Barclays started coverage on Madison Air Solutions in a research note on Monday, May 11th. They issued an “overweight” rating and a $45.00 target price on the stock.

Madison Air Solutions Stock Down 1.3%

Shares of MAIR opened at $37.09 on Tuesday. The stock has a fifty day moving average of $39.14. Madison Air Solutions has a 52-week low of $31.00 and a 52-week high of $44.50.

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

About Madison Air Solutions

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.