American Airlines Group Inc. (NASDAQ:AAL) Receives $16.95 Consensus PT from Analysts

American Airlines Group Inc. (NASDAQ:AAL - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the twenty-one brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, eleven have issued a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $16.95.

Several research analysts have recently weighed in on the company. Barclays cut their price target on American Airlines Group from $16.00 to $11.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. Evercore ISI raised their price objective on American Airlines Group to $18.00 and gave the company a "hold" rating in a report on Thursday, January 9th. Melius Research raised American Airlines Group from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th. The Goldman Sachs Group lowered American Airlines Group from a "neutral" rating to a "sell" rating and reduced their price target for the stock from $16.00 to $8.00 in a research report on Tuesday, April 8th. Finally, JPMorgan Chase & Co. reduced their price target on American Airlines Group from $30.00 to $26.00 and set an "overweight" rating on the stock in a research report on Monday, March 3rd.

Insider Activity at American Airlines Group

In other news, SVP Angela Owens sold 51,906 shares of the firm's stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $17.15, for a total transaction of $890,187.90. Following the sale, the senior vice president now owns 112,412 shares of the company's stock, valued at $1,927,865.80. This trade represents a 31.59 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.49% of the stock is currently owned by insiders.

Hedge Funds Weigh In On American Airlines Group

A number of institutional investors and hedge funds have recently made changes to their positions in AAL. Golden State Wealth Management LLC purchased a new stake in American Airlines Group in the 4th quarter worth $25,000. Brooklyn Investment Group lifted its holdings in shares of American Airlines Group by 133.1% in the 4th quarter. Brooklyn Investment Group now owns 1,592 shares of the airline's stock valued at $28,000 after acquiring an additional 909 shares during the last quarter. Elequin Capital LP lifted its holdings in shares of American Airlines Group by 208.5% in the 4th quarter. Elequin Capital LP now owns 1,749 shares of the airline's stock valued at $30,000 after acquiring an additional 1,182 shares during the last quarter. Bfsg LLC lifted its holdings in shares of American Airlines Group by 269.3% in the 4th quarter. Bfsg LLC now owns 2,057 shares of the airline's stock valued at $36,000 after acquiring an additional 1,500 shares during the last quarter. Finally, Bernard Wealth Management Corp. bought a new position in shares of American Airlines Group in the 4th quarter valued at about $42,000. Hedge funds and other institutional investors own 52.44% of the company's stock.

American Airlines Group Stock Up 7.0 %

AAL stock traded up $0.65 during mid-day trading on Friday, reaching $9.96. 11,850,450 shares of the company traded hands, compared to its average volume of 38,175,896. The firm's 50 day moving average price is $11.85 and its 200 day moving average price is $14.28. The stock has a market cap of $6.55 billion, a price-to-earnings ratio of 8.74, a P/E/G ratio of 0.21 and a beta of 1.17. American Airlines Group has a fifty-two week low of $8.50 and a fifty-two week high of $19.10.

American Airlines Group (NASDAQ:AAL - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The airline reported $0.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.47. American Airlines Group had a negative return on equity of 28.56% and a net margin of 1.56%. On average, analysts anticipate that American Airlines Group will post 2.42 EPS for the current fiscal year.

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.