American Airlines Group Inc. (NASDAQ:AAL) Receives $15.99 Average Price Target from Brokerages

American Airlines Group Inc. (NASDAQ:AAL - Get Free Report) has earned a consensus rating of "Moderate Buy" from the eighteen brokerages that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation, seven have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $15.99.

A number of brokerages recently commented on AAL. Jefferies Financial Group upped their target price on American Airlines Group from $10.00 to $11.00 and gave the company a "hold" rating in a report on Wednesday, October 2nd. Bank of America raised their target price on shares of American Airlines Group from $9.00 to $10.00 and gave the stock an "underperform" rating in a research report on Friday, October 25th. TD Cowen boosted their price target on shares of American Airlines Group from $10.00 to $17.00 and gave the company a "hold" rating in a research report on Friday, December 6th. UBS Group raised shares of American Airlines Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, December 10th. Finally, Evercore ISI lifted their price objective on American Airlines Group from $10.00 to $12.00 and gave the company an "in-line" rating in a research report on Thursday, October 3rd.

American Airlines Group Price Performance

AAL traded down $0.32 during trading on Friday, hitting $16.92. 20,174,294 shares of the stock traded hands, compared to its average volume of 33,755,289. The firm has a market capitalization of $11.12 billion, a P/E ratio of 51.27, a price-to-earnings-growth ratio of 0.29 and a beta of 1.41. American Airlines Group has a 12-month low of $9.07 and a 12-month high of $18.20. The firm has a 50-day moving average of $14.06 and a 200 day moving average of $11.94.

American Airlines Group (NASDAQ:AAL - Get Free Report) last posted its earnings results on Thursday, October 24th. The airline reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.14. The company had revenue of $13.65 billion for the quarter, compared to analysts' expectations of $13.50 billion. American Airlines Group had a negative return on equity of 18.62% and a net margin of 0.51%. American Airlines Group's quarterly revenue was up 1.2% on a year-over-year basis. During the same period last year, the firm earned $0.38 earnings per share. As a group, equities analysts predict that American Airlines Group will post 1.62 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in AAL. Blue Trust Inc. raised its holdings in American Airlines Group by 56.2% in the 3rd quarter. Blue Trust Inc. now owns 2,533 shares of the airline's stock worth $29,000 after acquiring an additional 911 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of American Airlines Group by 404.3% during the second quarter. UMB Bank n.a. now owns 2,824 shares of the airline's stock valued at $32,000 after purchasing an additional 2,264 shares in the last quarter. Sentry Investment Management LLC purchased a new stake in shares of American Airlines Group during the second quarter valued at $36,000. ORG Partners LLC bought a new stake in American Airlines Group in the 2nd quarter worth about $36,000. Finally, First Command Advisory Services Inc. purchased a new position in American Airlines Group in the 2nd quarter worth about $43,000. Institutional investors own 52.44% of the company's stock.

American Airlines Group Company Profile

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.