American Airlines Group Inc. (NASDAQ:AAL) Receives Consensus Recommendation of "Moderate Buy" from Analysts

American Airlines Group Inc. (NASDAQ:AAL - Get Free Report) has been given an average recommendation of "Moderate Buy" by the nineteen brokerages that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, nine have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $15.68.

Several equities analysts recently commented on AAL shares. Raymond James dropped their price objective on American Airlines Group from $15.00 to $14.00 and set an "outperform" rating on the stock in a research note on Friday, April 25th. Susquehanna dropped their price objective on American Airlines Group from $18.00 to $10.00 and set a "neutral" rating on the stock in a research note on Monday, April 7th. UBS Group dropped their price objective on American Airlines Group from $13.00 to $9.00 and set a "neutral" rating on the stock in a research note on Monday, April 7th. Redburn Atlantic upgraded American Airlines Group from a "neutral" rating to a "buy" rating and upped their price objective for the company from $18.00 to $24.00 in a research note on Wednesday, February 26th. Finally, JPMorgan Chase & Co. dropped their price objective on American Airlines Group from $30.00 to $26.00 and set an "overweight" rating on the stock in a research note on Monday, March 3rd.

American Airlines Group Stock Up 4.5%

Shares of NASDAQ AAL opened at $11.78 on Friday. American Airlines Group has a twelve month low of $8.50 and a twelve month high of $19.10. The stock's 50 day moving average price is $10.58 and its 200-day moving average price is $13.78. The company has a market capitalization of $7.77 billion, a PE ratio of 10.33, a PEG ratio of 0.21 and a beta of 1.39.

American Airlines Group (NASDAQ:AAL - Get Free Report) last announced its earnings results on Thursday, April 24th. The airline reported ($0.59) earnings per share for the quarter, topping analysts' consensus estimates of ($0.69) by $0.10. American Airlines Group had a negative return on equity of 28.56% and a net margin of 1.56%. The firm had revenue of $12.55 billion for the quarter, compared to the consensus estimate of $12.71 billion. During the same quarter in the previous year, the business earned ($0.34) EPS. The company's revenue was down .2% compared to the same quarter last year. As a group, research analysts expect that American Airlines Group will post 2.42 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of American Airlines Group by 1.0% in the first quarter. Vanguard Group Inc. now owns 63,625,284 shares of the airline's stock worth $671,247,000 after purchasing an additional 639,760 shares during the period. Primecap Management Co. CA increased its holdings in shares of American Airlines Group by 0.4% in the first quarter. Primecap Management Co. CA now owns 60,445,097 shares of the airline's stock worth $637,696,000 after purchasing an additional 219,390 shares during the period. U S Global Investors Inc. increased its holdings in shares of American Airlines Group by 8.7% in the first quarter. U S Global Investors Inc. now owns 7,181,246 shares of the airline's stock worth $75,762,000 after purchasing an additional 576,612 shares during the period. Northern Trust Corp increased its holdings in shares of American Airlines Group by 22.0% in the fourth quarter. Northern Trust Corp now owns 5,437,904 shares of the airline's stock worth $94,783,000 after purchasing an additional 980,409 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of American Airlines Group by 21.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,280,289 shares of the airline's stock worth $92,043,000 after purchasing an additional 943,336 shares during the period. Institutional investors 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.

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