Madison Air Solutions (NYSE:MAIR) Raised to Hold at Wall Street Zen

Madison Air Solutions (NYSE:MAIR) was upgraded by Wall Street Zen to a “hold” rating in a research note issued on Sunday.

Several other equities research analysts also recently issued reports on the company. Stifel Nicolaus initiated coverage on Madison Air Solutions in a research report on Monday, May 11th. They set a “buy” rating and a $47.00 target price 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. Jefferies Financial Group started coverage on Madison Air Solutions in a research note on Tuesday, May 12th. They set a “hold” rating and a $45.00 price objective on the stock. Robert W. Baird initiated coverage on Madison Air Solutions in a report on Monday, May 11th. They set an “outperform” rating and a $48.00 price objective on the stock. Finally, Wolfe Research initiated coverage on Madison Air Solutions in a research note on Monday, May 11th. They issued a “peer perform” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Madison Air Solutions presently has an average rating of “Moderate Buy” and an average price target of $46.90.

Madison Air Solutions Trading Up 2.3%

Shares of MAIR traded up $0.82 during trading hours on Friday, hitting $36.63. The company’s stock had a trading volume of 1,542,715 shares, compared to its average volume of 2,380,993. The company has a 50 day moving average price of $39.61. Madison Air Solutions has a 52-week low of $31.00 and a 52-week high of $44.50. The company has a market cap of $18.36 billion and a P/E ratio of 0.00.

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