American Airlines Group (NASDAQ:AAL) Lowered to "Neutral" Rating by UBS Group

UBS Group lowered shares of American Airlines Group (NASDAQ:AAL - Free Report) from a buy rating to a neutral rating in a research note issued to investors on Tuesday, Marketbeat Ratings reports. They currently have $16.00 price objective on the airline's stock.

AAL has been the topic of several other reports. TD Cowen increased their price objective on shares of American Airlines Group from $9.00 to $10.00 and gave the company a "hold" rating in a research report on Friday, October 25th. JPMorgan Chase & Co. increased their price target on shares of American Airlines Group from $15.00 to $20.00 and gave the company an "overweight" rating in a report on Friday, October 25th. Jefferies Financial Group boosted their price objective on American Airlines Group from $10.00 to $11.00 and gave the stock a "hold" rating in a report on Wednesday, October 2nd. Redburn Atlantic upgraded American Airlines Group to a "hold" rating in a research note on Tuesday, September 3rd. Finally, Susquehanna boosted their price target on American Airlines Group from $11.00 to $12.00 and gave the company a "neutral" rating in a research note on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, American Airlines Group presently has a consensus rating of "Hold" and a consensus target price of $13.93.

American Airlines Group Trading Down 1.1 %

Shares of AAL traded down $0.16 during midday trading on Tuesday, reaching $14.76. The stock had a trading volume of 14,420,851 shares, compared to its average volume of 33,949,477. The firm has a market cap of $9.70 billion, a PE ratio of 45.21, a P/E/G ratio of 0.26 and a beta of 1.39. The firm has a 50 day simple moving average of $12.71 and a 200-day simple moving average of $11.76. American Airlines Group has a one year low of $9.07 and a one year high of $16.15.

American Airlines Group (NASDAQ:AAL - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The airline reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.14. American Airlines Group had a negative return on equity of 18.62% and a net margin of 0.51%. The business had revenue of $13.65 billion during the quarter, compared to analysts' expectations of $13.50 billion. During the same quarter last year, the company posted $0.38 earnings per share. American Airlines Group's quarterly revenue was up 1.2% on a year-over-year basis. As a group, research analysts forecast that American Airlines Group will post 1.49 EPS for the current fiscal year.

Institutional Trading of American Airlines Group

Institutional investors and hedge funds have recently modified their holdings of the business. Blue Trust Inc. grew its stake in shares of American Airlines Group by 56.2% during the third 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. UMB Bank n.a. increased its stake in shares of American Airlines Group by 404.3% in the second quarter. UMB Bank n.a. now owns 2,824 shares of the airline's stock valued at $32,000 after buying an additional 2,264 shares during the period. ORG Partners LLC bought a new position in American Airlines Group in the 2nd quarter valued at approximately $36,000. Sentry Investment Management LLC acquired a new stake in American Airlines Group during the 2nd quarter worth approximately $36,000. Finally, First Command Advisory Services Inc. bought a new stake in American Airlines Group during the 2nd quarter worth approximately $43,000. 52.44% of the stock is currently owned by institutional investors.

About American Airlines Group

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.