Bank of America Issues Positive Forecast for American Airlines Group (NASDAQ:AAL) Stock Price

American Airlines Group (NASDAQ:AALGet Free Report) had its target price raised by stock analysts at Bank of America from $16.00 to $19.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the airline’s stock. Bank of America‘s target price points to a potential upside of 3.91% from the company’s current price.

AAL has been the subject of a number of other research reports. Susquehanna cut their price target on American Airlines Group from $17.00 to $16.00 and set a “positive” rating for the company in a research note on Friday, April 24th. Citigroup raised their target price on American Airlines Group from $14.00 to $22.00 and gave the company a “buy” rating in a report on Friday, June 26th. Morgan Stanley increased their price target on American Airlines Group from $20.00 to $24.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $12.50 price objective (down from $17.00) on shares of American Airlines Group in a report on Thursday, March 5th. Finally, TD Cowen lowered their target price on shares of American Airlines Group from $17.00 to $13.00 and set a “buy” rating for the company in a report on Monday, March 9th. Eight analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $16.94.

Get Our Latest Research Report on American Airlines Group

American Airlines Group Stock Performance

Shares of American Airlines Group stock traded up $0.21 during trading hours on Wednesday, reaching $18.29. The company’s stock had a trading volume of 12,289,035 shares, compared to its average volume of 75,834,156. The company has a market capitalization of $12.09 billion, a P/E ratio of 58.89 and a beta of 1.35. The stock’s fifty day simple moving average is $13.95 and its two-hundred day simple moving average is $13.61. American Airlines Group has a one year low of $10.09 and a one year high of $18.45.

American Airlines Group (NASDAQ:AALGet Free Report) last posted its earnings results on Thursday, April 23rd. The airline reported ($0.40) EPS for the quarter, topping the consensus estimate of ($0.45) by $0.05. American Airlines Group had a net margin of 0.36% and a negative return on equity of 9.11%. The company had revenue of $13.91 billion during the quarter, compared to the consensus estimate of $16.13 billion. During the same period in the previous year, the firm posted ($0.59) earnings per share. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. American Airlines Group has set its FY 2026 guidance at -0.400-1.100 EPS and its Q2 2026 guidance at -0.200-0.200 EPS. As a group, research analysts forecast that American Airlines Group will post 0.13 earnings per share for the current year.

Insider Transactions at American Airlines Group

In other news, COO David Seymour sold 69,343 shares of the firm’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $17.00, for a total transaction of $1,178,831.00. Following the completion of the sale, the chief operating officer directly owned 1,025,489 shares of the company’s stock, valued at $17,433,313. This trade represents a 6.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On American Airlines Group

Several institutional investors have recently added to or reduced their stakes in AAL. EverSource Wealth Advisors LLC increased its holdings in American Airlines Group by 21.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 4,276 shares of the airline’s stock worth $66,000 after buying an additional 766 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of American Airlines Group by 6.6% during the 2nd quarter. NewEdge Advisors LLC now owns 13,251 shares of the airline’s stock valued at $149,000 after acquiring an additional 823 shares during the period. HB Wealth Management LLC increased its stake in shares of American Airlines Group by 4.5% during the 1st quarter. HB Wealth Management LLC now owns 20,205 shares of the airline’s stock worth $217,000 after purchasing an additional 871 shares during the last quarter. Root Financial Partners LLC increased its stake in shares of American Airlines Group by 33.1% during the 1st quarter. Root Financial Partners LLC now owns 3,816 shares of the airline’s stock worth $41,000 after purchasing an additional 949 shares during the last quarter. Finally, Frank Rimerman Advisors LLC raised its holdings in shares of American Airlines Group by 4.5% in the 4th quarter. Frank Rimerman Advisors LLC now owns 22,346 shares of the airline’s stock worth $343,000 after purchasing an additional 954 shares during the period. Institutional investors own 52.44% of the company’s stock.

American Airlines Group Company Profile

(Get Free Report)

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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Analyst Recommendations for American Airlines Group (NASDAQ:AAL)

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