American Airlines Group (NASDAQ:AAL) Upgraded by UBS Group to "Strong-Buy" Rating

American Airlines Group (NASDAQ:AAL - Get Free Report) was upgraded by equities researchers at UBS Group from a "hold" rating to a "strong-buy" rating in a research note issued on Tuesday,Zacks.com reports.

Other research analysts have also issued research reports about the stock. JPMorgan Chase & Co. raised their target price on shares of American Airlines Group from $15.00 to $20.00 and gave the company an "overweight" rating in a research note on Friday, October 25th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $15.00 price objective on shares of American Airlines Group in a research report on Friday, November 15th. Bank of America boosted their price target on American Airlines Group from $9.00 to $10.00 and gave the stock an "underperform" rating in a research report on Friday, October 25th. Redburn Atlantic raised American Airlines Group to a "hold" rating in a report on Tuesday, September 3rd. Finally, Seaport Res Ptn upgraded American Airlines Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $15.99.

American Airlines Group Trading Down 1.3 %

NASDAQ AAL traded down $0.22 on Tuesday, hitting $17.36. 12,047,819 shares of the company were exchanged, compared to its average volume of 33,785,547. American Airlines Group has a 1-year low of $9.07 and a 1-year high of $18.20. The firm has a 50 day moving average of $13.83 and a two-hundred day moving average of $11.89. The company has a market cap of $11.41 billion, a P/E ratio of 52.97, a P/E/G ratio of 0.30 and a beta of 1.41.

American Airlines Group (NASDAQ:AAL - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The airline reported $0.30 EPS for the quarter, beating the consensus estimate of $0.16 by $0.14. American Airlines Group had a net margin of 0.51% and a negative return on equity of 18.62%. The business had revenue of $13.65 billion for the quarter, compared to analysts' expectations of $13.50 billion. During the same period in the prior year, the firm earned $0.38 earnings per share. American Airlines Group's revenue was up 1.2% compared to the same quarter last year. Research analysts anticipate that American Airlines Group will post 1.53 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Retirement Systems of Alabama grew its holdings in shares of American Airlines Group by 451.2% during the 3rd quarter. Retirement Systems of Alabama now owns 797,738 shares of the airline's stock valued at $8,967,000 after purchasing an additional 653,012 shares during the last quarter. Tidal Investments LLC boosted its position in American Airlines Group by 63.1% in the third quarter. Tidal Investments LLC now owns 66,249 shares of the airline's stock valued at $745,000 after buying an additional 25,637 shares in the last quarter. Teachers Retirement System of The State of Kentucky grew its stake in shares of American Airlines Group by 162.6% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 140,255 shares of the airline's stock worth $1,576,000 after buying an additional 86,847 shares during the last quarter. Toronto Dominion Bank grew its stake in shares of American Airlines Group by 379.6% during the third quarter. Toronto Dominion Bank now owns 1,667,539 shares of the airline's stock worth $18,743,000 after buying an additional 1,319,859 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of American Airlines Group during the third quarter worth $5,463,000. Institutional investors and hedge funds own 52.44% of the company's stock.

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.