A number of research firms have changed their ratings and price targets for American Airlines Group (NASDAQ: AAL):

  • 10/2/2017 – American Airlines Group was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Shares of American Airlines have struggled so far this year due to multiple headwinds. The stock has been up a mere 1.7% year to date, as against the industry’s rally of 8.9% in the same period. The recent weather-related disruptions have also hurt American Airlines like most other carriers. High fuel and labor costs are likely to hurt its third-quarter results as well. Consequently, the company trimmed its third-quarter unit revenue view. The company's high debt levels too raises concerns. In fact, the negative sentiment surrounding the stock can be gauged from the fact that the Zacks Consensus Estimate for third-quarter earnings has been revised 17.9% downward over the last 30 days. Nevertheless, we are pleased with the company's efforts to reward shareholders. Efforts to modernize its fleet also raise optimism.”
  • 10/2/2017 – American Airlines Group had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $51.00 price target on the stock, up previously from $47.00.
  • 9/26/2017 – American Airlines Group had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $55.00 price target on the stock.
  • 9/25/2017 – American Airlines Group is now covered by analysts at Macquarie. They set a “neutral” rating and a $47.00 price target on the stock.
  • 9/23/2017 – American Airlines Group was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 9/22/2017 – American Airlines Group was upgraded by analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating. They now have a $65.00 price target on the stock, up previously from $55.00.
  • 9/20/2017 – American Airlines Group was upgraded by analysts at Raymond James Financial, Inc. from a “market perform” rating to an “outperform” rating. They now have a $58.00 price target on the stock.
  • 9/18/2017 – American Airlines Group had its “equal weight” rating reaffirmed by analysts at Morgan Stanley.
  • 9/15/2017 – American Airlines Group was downgraded by analysts at J P Morgan Chase & Co from an “overweight” rating to a “neutral” rating. They now have a $53.00 price target on the stock, down previously from $61.00.
  • 9/14/2017 – American Airlines Group had its “hold” rating reaffirmed by analysts at Barclays PLC. They now have a $55.00 price target on the stock.
  • 9/14/2017 – American Airlines Group was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 9/13/2017 – American Airlines Group had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $55.00 price target on the stock, down previously from $57.00.
  • 9/13/2017 – American Airlines Group had its “buy” rating reaffirmed by analysts at Citigroup Inc..
  • 9/5/2017 – American Airlines Group had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $57.00 price target on the stock.
  • 9/1/2017 – American Airlines Group had its price target lowered by analysts at Morgan Stanley from $52.00 to $51.00. They now have an “equal weight” rating on the stock.
  • 8/22/2017 – American Airlines Group had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $95.00 price target on the stock.
  • 8/21/2017 – American Airlines Group was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $51.52 price target on the stock.
  • 8/17/2017 – American Airlines Group had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $52.00 price target on the stock, down previously from $54.00.
  • 8/7/2017 – American Airlines Group had its “hold” rating reaffirmed by analysts at Sanford C. Bernstein.
  • 8/7/2017 – American Airlines Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “American Airlines performed well in the second-quarter of 2017 reporting better-than-expected earnings per share and revenues. Both metrics also improved on a year-over-year basis. Results were aided by strong passenger demand. Total revenue per available seat miles (TRASM: a key measure of unit revenue) improved 5.7% in the reported quarter. The company’s efforts to reward shareholders also raise optimism in the stock. During the second quarter, the company returned $500 million to its shareholders through dividends and buyback. Shares of the company have outperformed its industry in the last three months. However, high costs are likely to continue hurting bottom-line growth. Moreover, operating expenses in the second quarter climbed 11.1% due to the rise in fuel costs. American Airlines is also a highly leveraged company. “

Shares of American Airlines Group, Inc. (NASDAQ:AAL) opened at 50.51 on Wednesday. The company’s 50-day moving average is $45.90 and its 200-day moving average is $47.04. The company has a market capitalization of $24.60 billion, a price-to-earnings ratio of 12.54 and a beta of 0.99. American Airlines Group, Inc. has a 12-month low of $36.80 and a 12-month high of $54.48. American Airlines Group also saw unusually large options trading activity on Monday. Traders bought 1,841 put options on the stock. This is an increase of 221% compared to the average daily volume of 574 put options.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings data on Friday, July 28th. The airline reported $1.92 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.87 by $0.05. American Airlines Group had a net margin of 5.02% and a return on equity of 83.58%. The business had revenue of $11.11 billion for the quarter, compared to analysts’ expectations of $11.08 billion. During the same quarter in the previous year, the business posted $1.77 earnings per share. The business’s revenue was up 7.2% compared to the same quarter last year. Analysts predict that American Airlines Group, Inc. will post $4.68 EPS for the current year.

In other news, EVP Elise R. Eberwein sold 50,000 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president now owns 312,368 shares of the company’s stock, valued at $15,727,728.80. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ray M. Robinson sold 3,476 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $46.76, for a total value of $162,537.76. Following the transaction, the director now directly owns 29,938 shares in the company, valued at approximately $1,399,900.88. The disclosure for this sale can be found here. In the last three months, insiders sold 63,476 shares of company stock worth $3,159,738. Insiders own 0.69% of the company’s stock.

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.

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