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

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

Several other equities analysts have also commented on MAIR. Citigroup began coverage on Madison Air Solutions in a research report on Monday, May 11th. They set a “buy” rating and a $49.00 price objective on the stock. Jefferies Financial Group initiated coverage on Madison Air Solutions in a research report on Tuesday, May 12th. They issued a “hold” rating and a $45.00 target price for the company. Bank of America started coverage on Madison Air Solutions in a research note on Monday, May 11th. They issued a “buy” rating and a $47.00 target price for the company. Barclays assumed coverage on shares of Madison Air Solutions in a research report on Monday, May 11th. They set an “overweight” rating and a $45.00 price target on the stock. Finally, Royal Bank Of Canada began coverage on shares of Madison Air Solutions in a research note on Monday, May 11th. They set an “outperform” rating and a $48.00 price target on the stock. Two equities research 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 stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $46.90.

Madison Air Solutions Price Performance

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

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