Madison Air Solutions (NYSE:MAIR) Cut to Hold at Zacks Research

Zacks Research lowered shares of Madison Air Solutions (NYSE:MAIR) from a strong-buy rating to a hold rating in a research note released on Tuesday,Zacks.com reports.

MAIR has been the topic of a number of other reports. Wolfe Research began coverage on shares of Madison Air Solutions in a research report on Monday, May 11th. They issued a “peer perform” rating on the stock. Royal Bank Of Canada cut their price objective on shares of Madison Air Solutions from $50.00 to $47.00 and set an “outperform” rating for the company in a research report on Thursday, July 16th. Wall Street Zen upgraded shares of Madison Air Solutions to a “hold” rating in a research note on Sunday, July 12th. Wells Fargo & Company dropped their price target on shares of Madison Air Solutions from $47.00 to $46.00 and set an “overweight” rating on the stock in a research note on Friday, July 10th. Finally, Stifel Nicolaus assumed coverage on shares of Madison Air Solutions in a report on Monday, May 11th. They set a “buy” rating and a $47.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $46.80.

Madison Air Solutions Trading Up 1.3%

MAIR opened at $36.29 on Tuesday. Madison Air Solutions has a 52 week low of $31.00 and a 52 week high of $44.50. The firm’s 50 day moving average is $38.54. The stock has a market cap of $18.19 billion and a P/E ratio of 0.00.

Madison Air Solutions (NYSE:MAIR) last released its 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 analyst estimates 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.