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

Madison Air Solutions Corporation (NYSE:MAIR) has been given an average rating of “Moderate Buy” by the thirteen analysts that are currently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and three have issued a strong buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $47.00.

MAIR has been the topic of several research reports. Stifel Nicolaus initiated coverage on Madison Air Solutions in a research note on Monday, May 11th. They set a “buy” rating and a $47.00 price target on the stock. Jefferies Financial Group initiated coverage on Madison Air Solutions in a research note on Tuesday, May 12th. They set a “hold” rating and a $45.00 price target on the stock. William Blair initiated coverage on Madison Air Solutions in a research note on Monday, May 11th. They set an “outperform” rating on the stock. Bank of America initiated coverage on Madison Air Solutions in a research note on Monday, May 11th. They set a “buy” rating and a $47.00 price target on the stock. Finally, Wolfe Research initiated coverage on Madison Air Solutions in a research note on Monday, May 11th. They set a “peer perform” rating on the stock.

Madison Air Solutions Stock Performance

MAIR stock opened at $37.09 on Tuesday. The stock has a fifty day simple moving average of $39.14. Madison Air Solutions has a twelve month low of $31.00 and a twelve month high of $44.50.

Madison Air Solutions (NYSE:MAIR) last released its earnings results on Tuesday, May 12th. The company reported $83,088.00 earnings per share for the quarter. The business had revenue of $923.70 million during the quarter, compared to analysts’ expectations 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.