Air Methods Corporation (AIRM) Receives Price Target

Air Methods Corporation (AIRM) : The most positive equity analysts on Air Methods Corporation (AIRM) expects the shares to touch $53, whereas, the least positive believes that the stock will trade at $40 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $47.5 with an expected fluctuation of $6.61 from the mean.

Air Methods Corporation (AIRM) : 3 brokerage houses believe that Air Methods Corporation (AIRM) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. Zacks Investment Research suggests a Strong Sell with a rank of 5.The median of all the 4 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.25.


Also, Oppenheimer maintains its view on Air Methods Corporation (NASDAQ:AIRM) according to the research report released by the firm to its investors. The shares have now been rated Outperform by the stock experts at the ratings house. Oppenheimer lowers the price target from $58 per share to $50 per share on Air Methods Corporation. The rating by the firm was issued on August 5, 2016.

Air Methods Corporation (NASDAQ:AIRM): The stock opened at $35.11 on Thursday but the bulls could not build on the opening and the stock topped out at $35.19 for the day. The stock traded down to $34.31 during the day, due to lack of any buying support eventually closed down at $34.89 with a loss of -0.82% for the day. The stock had closed at $35.18 on the previous day. The total traded volume was 356,328 shares.

Air Methods Corporation is engaged in providing air medical emergency transport services and systems throughout the United States. The Company operates through divisions, including Air Medical Services, Tourism Division and United Rotorcraft Division. As of December 31, 2014, the Companys Air Medical Services Division provided air medical transportation services in 41 states to the general population as an independent service (also called community-based services) and to hospitals or other institutions (also called hospital-based services). It transports persons requiring intensive medical care from either the scene of an accident or general care hospitals to skilled trauma centers or tertiary care centers. Its Tourism Division provides helicopter tours and charter flights, primarily focusing on Grand Canyon and Hawaiian Island tours. Its United Rotorcraft Division designs, manufactures and installs aircraft medical interiors and other aerospace or medical transport products.

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