American Airlines Group (NASDAQ:AAL – Get Free Report) had its price target dropped by analysts at Citigroup from $21.00 to $14.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the airline’s stock. Citigroup’s price objective points to a potential upside of 34.19% from the company’s current price.
Other equities research analysts have also issued reports about the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of American Airlines Group in a research note on Monday, December 29th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of American Airlines Group in a report on Wednesday, January 28th. JPMorgan Chase & Co. upped their price objective on American Airlines Group from $20.00 to $22.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. Jefferies Financial Group cut their price target on American Airlines Group from $15.00 to $12.00 and set a “hold” rating for the company in a research note on Thursday, March 12th. Finally, TD Cowen reduced their price target on shares of American Airlines Group from $17.00 to $13.00 and set a “buy” rating for the company in a research report on Monday, March 9th. Six investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $15.03.
Read Our Latest Stock Analysis on American Airlines Group
American Airlines Group Stock Down 3.4%
American Airlines Group (NASDAQ:AAL – Get Free Report) last announced its quarterly earnings results on Tuesday, January 27th. The airline reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.22). The company had revenue of $14 billion during the quarter, compared to the consensus estimate of $14.12 billion. American Airlines Group had a negative return on equity of 5.90% and a net margin of 0.20%.The business’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.86 earnings per share. American Airlines Group has set its Q1 2026 guidance at -0.500–0.100 EPS and its FY 2026 guidance at 1.700-2.700 EPS. On average, sell-side analysts predict that American Airlines Group will post 2.42 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. ProShare Advisors LLC grew its holdings in American Airlines Group by 4.4% during the 2nd quarter. ProShare Advisors LLC now owns 29,242 shares of the airline’s stock valued at $328,000 after buying an additional 1,239 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in American Airlines Group by 7.8% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 169,449 shares of the airline’s stock valued at $1,901,000 after acquiring an additional 12,264 shares in the last quarter. Cetera Investment Advisers increased its holdings in American Airlines Group by 5.4% in the 2nd quarter. Cetera Investment Advisers now owns 111,340 shares of the airline’s stock valued at $1,249,000 after acquiring an additional 5,712 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in American Airlines Group by 5.1% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 55,360 shares of the airline’s stock worth $621,000 after purchasing an additional 2,684 shares in the last quarter. Finally, Frank Rimerman Advisors LLC bought a new position in shares of American Airlines Group during the 2nd quarter valued at about $250,000. 52.44% of the stock is currently owned by institutional investors.
About American Airlines Group
American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world’s largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.
The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.
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