Madison Air Solutions Corporation (NYSE:MAIR) Receives $46.80 Average Target Price from Brokerages

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

A number of equities research analysts recently weighed in on MAIR shares. Wolfe Research initiated coverage on shares of Madison Air Solutions in a report on Monday, May 11th. They issued a “peer perform” rating on the stock. Citigroup assumed coverage on Madison Air Solutions in a research note on Monday, May 11th. They set a “buy” rating and a $49.00 price target for the company. Wells Fargo & Company decreased their price objective on Madison Air Solutions from $47.00 to $46.00 and set an “overweight” rating for the company in a report on Friday, July 10th. Wall Street Zen raised Madison Air Solutions to a “hold” rating in a research note on Sunday, July 12th. Finally, William Blair assumed coverage on Madison Air Solutions in a research note on Monday, May 11th. They issued an “outperform” rating for the company.

Madison Air Solutions Stock Performance

MAIR opened at $34.53 on Friday. The business’s fifty day simple moving average is $38.34. Madison Air Solutions has a 1-year low of $31.00 and a 1-year high of $44.50. The firm has a market capitalization of $17.31 billion and a P/E ratio of 0.00.

Madison Air Solutions (NYSE:MAIR) last released its quarterly earnings data 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 the consensus estimate 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.