Analyst Upgrades and Downgrades
A number of research firms recently weighed in on AAL. TD Securities lowered their price target on shares of American Airlines Group from $10.00 to $7.00 in a report on Friday, July 26th. Susquehanna reduced their price target on shares of American Airlines Group from $15.00 to $13.00 and set a “neutral” rating on the stock in a research report on Thursday, May 30th. Citigroup reduced their price target on shares of American Airlines Group from $20.00 to $16.50 and set a “buy” rating on the stock in a research report on Friday, May 31st. Barclays reduced their price target on shares of American Airlines Group from $14.00 to $10.00 and set an “underweight” rating on the stock in a research report on Wednesday, July 10th. Finally, HSBC began coverage on shares of American Airlines Group in a research report on Monday, May 13th. They issued a “buy” rating and a $17.90 price target on the stock. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, American Airlines Group has an average rating of “Hold” and an average price target of $13.80.
Check Out Our Latest Stock Analysis on AALduring the fourth quarter. Virtu Financial LLC now owns 80,330 shares of the airline’s stock worth $1,104,000 after purchasing an additional 67,576 shares during the period. Institutional investors and hedge funds own 52.44% of the company’s stock.
American Airlines Group Company Profile
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American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.American Airlines Group (NASDAQ:AAL) Reaches New 1-Year Low at $9.69
American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.
