American Airlines Group, Inc. (NASDAQ:AAL)‘s stock had its “hold” rating reissued by equities research analysts at Barclays PLC in a report issued on Thursday. They currently have a $55.00 target price on the airline’s stock. Barclays PLC’s target price points to a potential upside of 17.00% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. Stifel Nicolaus reissued a “buy” rating on shares of American Airlines Group in a research note on Friday, May 26th. Vetr cut American Airlines Group from a “strong-buy” rating to a “buy” rating and set a $53.62 price objective for the company. in a research note on Monday, May 29th. BidaskClub cut American Airlines Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 16th. Zacks Investment Research raised American Airlines Group from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a research note on Wednesday, June 28th. Finally, Citigroup Inc. raised their price objective on American Airlines Group from $58.00 to $67.00 and gave the company a “buy” rating in a research note on Thursday, July 13th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $57.28.

Shares of American Airlines Group (AAL) opened at 47.00 on Thursday. The company has a market cap of $22.89 billion, a PE ratio of 11.67 and a beta of 0.98. American Airlines Group has a 52 week low of $33.90 and a 52 week high of $54.48. The stock’s 50 day moving average price is $47.27 and its 200-day moving average price is $46.76.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings data on Friday, July 28th. The airline reported $1.92 EPS for the quarter, beating the Zacks’ consensus estimate of $1.87 by $0.05. American Airlines Group had a return on equity of 83.58% and a net margin of 5.02%. The firm had revenue of $11.11 billion during the quarter, compared to analysts’ expectations of $11.08 billion. During the same quarter last year, the firm posted $1.77 earnings per share. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. Analysts expect that American Airlines Group will post $4.98 EPS for the current year.

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In related news, EVP Elise R. Eberwein sold 50,000 shares of American Airlines Group stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $50.35, for a total transaction of $2,517,500.00. Following the sale, the executive vice president now directly owns 312,368 shares in the company, valued at $15,727,728.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Maya Leibman sold 10,000 shares of American Airlines Group stock in a transaction on Friday, August 11th. The stock was sold at an average price of $47.97, for a total value of $479,700.00. Following the sale, the executive vice president now owns 161,476 shares in the company, valued at $7,746,003.72. The disclosure for this sale can be found here. Company insiders own 0.64% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. Teacher Retirement System of Texas raised its stake in shares of American Airlines Group by 9.2% in the first quarter. Teacher Retirement System of Texas now owns 323,344 shares of the airline’s stock valued at $13,677,000 after buying an additional 27,340 shares during the period. Gendell Jeffrey L raised its stake in shares of American Airlines Group by 47.7% in the first quarter. Gendell Jeffrey L now owns 1,033,753 shares of the airline’s stock valued at $43,728,000 after buying an additional 334,053 shares during the period. Great Lakes Advisors LLC raised its stake in shares of American Airlines Group by 519.7% in the first quarter. Great Lakes Advisors LLC now owns 55,422 shares of the airline’s stock valued at $2,344,000 after buying an additional 46,478 shares during the period. Quantitative Investment Management LLC bought a new stake in shares of American Airlines Group in the first quarter valued at $410,000. Finally, Quantitative Systematic Strategies LLC bought a new stake in shares of American Airlines Group in the second quarter valued at $3,259,000. Hedge funds and other institutional investors own 81.53% of the company’s stock.

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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