Air Industries Group (AIRI) Given Consensus Recommendation of “Buy” by Analysts

Air Industries Group (NASDAQ:AIRI) has received an average broker rating score of 1.50 (Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company.

Analysts have set a 1 year consensus price objective of $2.00 for the company and are forecasting that the company will post ($0.04) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Air Industries Group an industry rank of 37 out of 255 based on the ratings given to its competitors.

Separately, Taglich Brothers restated a “speculative buy” rating on shares of Air Industries Group in a report on Wednesday, April 10th.

AIRI opened at $1.19 on Friday. Air Industries Group has a 1-year low of $0.70 and a 1-year high of $1.95.

Air Industries Group Company Profile

Air Industries Group, an aerospace and defense company, designs and manufactures structural parts and assemblies that focus on flight safety. The company operates through three segments: Complex Machining, Aerostructures & Electronics, and Turbine Engine Components. It offers landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components; sheet metal fabrication of aero structures; and tube bending and welding services.

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