Air Industries Group (AIRI) Earns Speculative Buy Rating from Taglich Brothers

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Air Industries Group (NYSEAMERICAN:AIRI)‘s stock had its “speculative buy” rating reissued by investment analysts at Taglich Brothers in a research report issued to clients and investors on Wednesday, reports. Taglich Brothers also issued estimates for Air Industries Group’s Q1 2020 earnings at ($0.02) EPS, Q2 2020 earnings at ($0.02) EPS, Q3 2020 earnings at ($0.01) EPS, Q4 2020 earnings at ($0.01) EPS and FY2020 earnings at ($0.05) EPS.

Separately, Zacks Investment Research downgraded shares of Air Industries Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 13th.

Shares of AIRI stock opened at $1.06 on Wednesday. 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.

Further Reading: Resistance Level

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