Shares of American Airlines Group, Inc. (NASDAQ:AAL) have been assigned an average recommendation of “Hold” from the twenty-one analysts that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $50.12.

A number of analysts have recently weighed in on the stock. Stifel Nicolaus reissued a “buy” rating on shares of American Airlines Group in a research report on Friday, May 26th. BidaskClub downgraded shares of American Airlines Group from a “strong-buy” rating to a “buy” rating in a research report on Monday. Imperial Capital reissued an “in-line” rating and set a $43.00 price target on shares of American Airlines Group in a research report on Friday, May 19th. Vetr downgraded shares of American Airlines Group from a “buy” rating to a “hold” rating and set a $46.04 price target for the company. in a research report on Wednesday, April 19th. Finally, Cowen and Company reissued an “outperform” rating on shares of American Airlines Group in a research report on Friday, April 14th.

American Airlines Group (NASDAQ AAL) opened at 51.28 on Tuesday. The stock has a 50 day moving average of $50.76 and a 200 day moving average of $46.59. The firm has a market cap of $25.26 billion, a PE ratio of 12.29 and a beta of 0.97. American Airlines Group has a one year low of $33.00 and a one year high of $54.48. American Airlines Group also was the target of unusually large options trading activity on Monday. Stock traders acquired 1,841 put options on the company. This is an increase of approximately 221% compared to the typical volume of 574 put options.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings results on Thursday, April 27th. The airline reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.04. American Airlines Group had a net margin of 5.47% and a return on equity of 81.88%. The business had revenue of $9.62 billion during the quarter, compared to the consensus estimate of $9.62 billion. During the same quarter last year, the company earned $1.25 earnings per share. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. On average, equities analysts forecast that American Airlines Group will post $5.21 earnings per share for the current year.

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In other news, VP Derek J. Kerr sold 104,223 shares of the business’s stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $50.00, for a total transaction of $5,211,150.00. Following the completion of the transaction, the vice president now owns 591,195 shares of the company’s stock, valued at $29,559,750. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director James F. Albaugh purchased 3,000 shares of American Airlines Group stock in a transaction dated Thursday, May 4th. The shares were purchased at an average cost of $43.85 per share, with a total value of $131,550.00. Following the acquisition, the director now owns 14,737 shares of the company’s stock, valued at approximately $646,217.45. The disclosure for this purchase can be found here. In the last three months, insiders have sold 161,480 shares of company stock valued at $7,999,471. Corporate insiders own 0.69% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. LS Investment Advisors LLC increased its position in shares of American Airlines Group by 0.5% in the second quarter. LS Investment Advisors LLC now owns 21,283 shares of the airline’s stock valued at $1,071,000 after buying an additional 97 shares during the period. Trust Department MB Financial Bank N A increased its position in shares of American Airlines Group by 1.0% in the second quarter. Trust Department MB Financial Bank N A now owns 15,022 shares of the airline’s stock valued at $756,000 after buying an additional 143 shares during the period. Holderness Investments Co. increased its position in shares of American Airlines Group by 2.5% in the first quarter. Holderness Investments Co. now owns 6,112 shares of the airline’s stock valued at $259,000 after buying an additional 151 shares during the period. Cribstone Capital Management LLC increased its position in shares of American Airlines Group by 5.9% in the second quarter. Cribstone Capital Management LLC now owns 4,084 shares of the airline’s stock valued at $206,000 after buying an additional 229 shares during the period. Finally, LMR Partners LLP increased its position in shares of American Airlines Group by 1.6% in the first quarter. LMR Partners LLP now owns 21,540 shares of the airline’s stock valued at $911,000 after buying an additional 329 shares during the period. 81.43% of the stock is owned by institutional investors.

American Airlines Group Company Profile

American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.

Analyst Recommendations for American Airlines Group (NASDAQ:AAL)

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