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Imperial Capital raised their price target on shares of American Airlines Group (NASDAQ:AAL) from $46.00 to $55.00 in a research note issued on Wednesday. The firm currently has an “outperform” rating on the stock. Imperial Capital’s target price suggests a potential upside of 25.40% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James raised their price target on shares of American Airlines Group from $48.00 to $52.00 in a research note on Monday. They now have an “outperform” rating on the stock. Separately, analysts at Goldman Sachs raised their price target on shares of American Airlines Group from $43.59 to $50.00 in a research note on Tuesday, June 10th. They now have a “buy” rating on the stock. Finally, analysts at Stifel Nicolaus initiated coverage on shares of American Airlines Group in a research note on Monday, May 5th. They set a “buy” rating and a $45.00 price target on the stock. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $46.45.

American Airlines Group (NASDAQ:AAL) opened at 43.86 on Wednesday. American Airlines Group has a 52 week low of $15.28 and a 52 week high of $44.88. The stock’s 50-day moving average is $41.39 and its 200-day moving average is $35.75. The company’s market cap is $31.588 billion. American Airlines Group also was the recipient of a large growth in short interest in June. As of June 13th, there was short interest totalling 14,103,543 shares, a growth of 17.3% from the May 30th total of 12,021,916 shares. Based on an average daily trading volume, of 13,773,384 shares, the days-to-cover ratio is presently 1.0 days. Approximately 2.0% of the shares of the stock are sold short.

American Airlines Group (NASDAQ:AAL) last released its earnings data on Thursday, April 24th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.06. The company had revenue of $10.00 billion for the quarter, compared to the consensus estimate of $10.02 billion. The company’s revenue for the quarter was up 63.9% on a year-over-year basis. Analysts expect that American Airlines Group will post $5.29 EPS for the current fiscal year.

American Airlines Group Inc, formerly AMR Corporation, operates in the airline industry. The Company’s principal subsidiary is American Airlines, Inc (NASDAQ:AAL).

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