American Airlines Group Inc. (NASDAQ:AAL) Given Consensus Rating of "Hold" by Analysts

Shares of American Airlines Group Inc. (NASDAQ:AAL - Get Free Report) have been assigned a consensus rating of "Hold" from the seventeen ratings firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $13.96.

AAL has been the topic of a number of analyst reports. JPMorgan Chase & Co. upped their target price on shares of American Airlines Group from $15.00 to $20.00 and gave the stock an "overweight" rating in a report on Friday, October 25th. Evercore decreased their target price on American Airlines Group from $13.00 to $10.00 in a research note on Friday, July 26th. Barclays upgraded American Airlines Group from an "underweight" rating to an "equal weight" rating and lifted their price target for the company from $10.00 to $16.00 in a research report on Thursday, November 14th. Bank of America upped their price objective 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. Finally, TD Securities cut their price target on shares of American Airlines Group from $10.00 to $7.00 in a research note on Friday, July 26th.

Hedge Funds Weigh In On American Airlines Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Beaird Harris Wealth Management LLC grew its position in shares of American Airlines Group by 51.3% in the 1st quarter. Beaird Harris Wealth Management LLC now owns 2,345 shares of the airline's stock worth $36,000 after acquiring an additional 795 shares in the last quarter. Blue Trust Inc. lifted its position in shares of 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 buying an additional 911 shares during the last quarter. Silvercrest Asset Management Group LLC boosted its holdings in shares of American Airlines Group by 4.4% in the 1st quarter. Silvercrest Asset Management Group LLC now owns 23,375 shares of the airline's stock valued at $359,000 after buying an additional 978 shares during the period. CWM LLC grew its position in shares of American Airlines Group by 5.2% during the 2nd quarter. CWM LLC now owns 21,540 shares of the airline's stock valued at $244,000 after buying an additional 1,059 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its stake in American Airlines Group by 8.2% during the second quarter. Sunbelt Securities Inc. now owns 14,894 shares of the airline's stock worth $169,000 after acquiring an additional 1,126 shares during the period. Institutional investors and hedge funds own 52.44% of the company's stock.

American Airlines Group Stock Up 0.9 %

Shares of NASDAQ:AAL traded up $0.13 during midday trading on Wednesday, hitting $14.46. The stock had a trading volume of 25,397,455 shares, compared to its average volume of 34,168,434. The company's 50-day moving average price is $12.41 and its 200-day moving average price is $11.76. The company has a market capitalization of $9.50 billion, a P/E ratio of 43.82, a price-to-earnings-growth ratio of 0.26 and a beta of 1.39. American Airlines Group has a fifty-two week low of $9.07 and a fifty-two week high of $16.15.

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 for the quarter, topping analysts' consensus estimates of $0.16 by $0.14. The firm had revenue of $13.65 billion for the quarter, compared to analysts' expectations of $13.50 billion. American Airlines Group had a net margin of 0.51% and a negative return on equity of 18.62%. The company's revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.38 earnings per share. Research analysts expect that American Airlines Group will post 1.49 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.