$MAIR

Jefferies Initiates Madison Air Solutions at Hold With $45 Price Target

Madison Air Solutions Corp. Class A (MAIR) has an average rating of overweight and mean price target of $47.64, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

Madison Air's Custom Solutions Differentiate it From Most Commoditized Markets, RBC Says

Madison Air Solutions (MAIR) has ample room for profitable growth in the global heating, ventilation, and air conditioning vertical, with its custom solutions steering it away from most commoditized markets, RBC Capital Markets said Monday.RBC said it rejects the notion that Madison is at peak margins. The company follows the 80/20 operating principles, which should drive 50 to 70 basis points of annual margin expansion, according to the note.The attractive 70% replacement and 30% new construction split also helps drive healthy margins. Services and aftermarket mix at 10% of revenues is the lowest of its big four HVAC peers but offers a growth opportunity, the brokerage said.RBC estimates Madison's commercial segment to grow by mid-to-high single digits and residential by low-single digits. Management targets 20 to 75 basis points of EBITDA margin expansion per year, and bolt-on mergers and acquisitions should also provide growth opportunities, according to the note.RBC maintained an outperform rating on Madison Air with a price target of $48.Price: $42.57, Change: $+0.54, Percent Change: +1.30%

BofA Securities Initiates Coverage on Madison Air Solutions With Buy Rating, $47 Price Target

Madison Air Solutions (MAIR) has an average rating of overweight and mean price target of $47.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $42.31, Change: $+0.27, Percent Change: +0.64%

Goldman Sachs Initiates Madison Air Solutions at Neutral With $44 Price Target

Madison Air Solutions Corp. Class A (MAIR) has an average rating of overweight and mean price target of $46.80, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

Baird Initiates Madison Air Solutions at Outperform With $48 Price Target

Madison Air Solutions Corp. Class A (MAIR) has an average rating of overweight and mean price target of $46.80, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

Stifel Initiates Madison Air Solutions at Buy With $47 Price Target

Madison Air Solutions Corp. Class A (MAIR) has an average rating of overweight and mean price target of $46.80, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

William Blair Initiates Madison Air Solutions at Outperform

Madison Air Solutions Corp. Class A (MAIR) has an average rating of overweight and mean price target of $46.80, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

RBC Capital Initiates Coverage on Madison Air Solutions With Outperform Rating, $48 PT