American Airlines Group Inc (NASDAQ:AAL) has been assigned a consensus recommendation of “Buy” from the nineteen ratings firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, nine have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $61.61.

A number of research firms have recently issued reports on AAL. Buckingham Research reissued a “buy” rating and issued a $71.00 price target (up from $66.00) on shares of American Airlines Group in a research note on Thursday, January 11th. Citigroup boosted their price target on shares of American Airlines Group to $65.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Imperial Capital reissued an “in-line” rating and issued a $53.00 price target (up from $47.00) on shares of American Airlines Group in a research note on Thursday, January 11th. BidaskClub raised shares of American Airlines Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 27th. Finally, Bank of America raised shares of American Airlines Group from an “underperform” rating to a “buy” rating and set a $64.00 price target on the stock in a research note on Tuesday, January 9th.

In other American Airlines Group news, Director Alberto Ibarguen sold 4,229 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $47.60, for a total transaction of $201,300.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO W Douglas Parker sold 224,572 shares of the business’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $52.32, for a total transaction of $11,749,607.04. Following the transaction, the chief executive officer now owns 1,925,242 shares of the company’s stock, valued at approximately $100,728,661.44. The disclosure for this sale can be found here. 0.69% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of AAL. Boston Partners acquired a new position in American Airlines Group during the 3rd quarter worth approximately $113,633,000. Cyrus Capital Partners L.P. acquired a new position in shares of American Airlines Group in the 2nd quarter valued at $75,480,000. Parametric Portfolio Associates LLC boosted its holdings in shares of American Airlines Group by 111.2% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,336,192 shares of the airline’s stock valued at $67,237,000 after buying an additional 703,617 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of American Airlines Group by 162.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 912,485 shares of the airline’s stock valued at $43,332,000 after buying an additional 564,627 shares in the last quarter. Finally, UBS Oconnor LLC boosted its holdings in shares of American Airlines Group by 79.5% in the 2nd quarter. UBS Oconnor LLC now owns 774,260 shares of the airline’s stock valued at $38,961,000 after buying an additional 342,969 shares in the last quarter. Institutional investors own 81.22% of the company’s stock.

Shares of American Airlines Group (NASDAQ AAL) opened at $58.47 on Tuesday. The stock has a market cap of $27,977.84, a P/E ratio of 14.88, a PEG ratio of 5.27 and a beta of 0.99. American Airlines Group has a 52 week low of $39.21 and a 52 week high of $58.73. The company has a quick ratio of 0.57, a current ratio of 0.65 and a debt-to-equity ratio of 5.63.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings results on Thursday, October 26th. The airline reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.02. The business had revenue of $10.88 billion for the quarter, compared to the consensus estimate of $10.88 billion. American Airlines Group had a net margin of 4.71% and a return on equity of 64.92%. The business’s revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the firm earned $2.80 EPS. sell-side analysts anticipate that American Airlines Group will post 4.8 earnings per share for the current fiscal year.

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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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