American Airlines Group (NASDAQ:AAL) Price Target Raised to $16.00

American Airlines Group (NASDAQ:AALGet Free Report) had its target price lifted by research analysts at Jefferies Financial Group from $15.00 to $16.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a “hold” rating on the airline’s stock. Jefferies Financial Group’s price target would suggest a potential downside of 7.19% from the company’s current price.

AAL has been the topic of several other research reports. BMO Capital Markets lifted their price objective on American Airlines Group from $12.00 to $13.50 and gave the stock a “market perform” rating in a report on Friday, April 24th. TD Cowen lowered their price objective on 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. Deutsche Bank Aktiengesellschaft increased their price objective on American Airlines Group from $13.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Wells Fargo & Company decreased their target price on shares of American Airlines Group from $17.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Monday, March 16th. Finally, Wall Street Zen raised shares of American Airlines Group from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Seven investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $15.82.

Check Out Our Latest Report on AAL

American Airlines Group Trading Up 6.8%

American Airlines Group stock traded up $1.10 during mid-day trading on Wednesday, hitting $17.24. 140,750,692 shares of the company’s stock were exchanged, compared to its average volume of 72,887,477. The stock has a market cap of $11.40 billion, a P/E ratio of 55.72 and a beta of 1.35. The stock has a 50 day moving average of $13.38 and a two-hundred day moving average of $13.50. American Airlines Group has a 1-year low of $10.09 and a 1-year high of $17.39.

American Airlines Group (NASDAQ:AALGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The airline reported ($0.40) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.45) by $0.05. The company had revenue of $13.91 billion during the quarter, compared to analysts’ expectations of $16.13 billion. American Airlines Group had a net margin of 0.36% and a negative return on equity of 9.11%. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.59) earnings per share. 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 predict that American Airlines Group will post 0.13 EPS for the current fiscal year.

Institutional Investors Weigh In On American Airlines Group

A number of institutional investors have recently added to or reduced their stakes in AAL. West Branch Capital LLC purchased a new stake in shares of American Airlines Group during the fourth quarter valued at $31,000. MassMutual Private Wealth & Trust FSB grew its stake in shares of American Airlines Group by 102.0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,353 shares of the airline’s stock worth $36,000 after purchasing an additional 1,188 shares during the period. Center for Financial Planning Inc. boosted its stake in shares of American Airlines Group by 377.4% during the 4th quarter. Center for Financial Planning Inc. now owns 2,530 shares of the airline’s stock worth $39,000 after acquiring an additional 2,000 shares in the last quarter. Clearstead Advisors LLC grew its holdings in American Airlines Group by 140.3% in the fourth quarter. Clearstead Advisors LLC now owns 2,968 shares of the airline’s stock valued at $45,000 after purchasing an additional 1,733 shares during the period. Finally, Caitong International Asset Management Co. Ltd grew its stake in American Airlines Group by 208.2% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,282 shares of the airline’s stock valued at $50,000 after acquiring an additional 2,217 shares during the period. 52.44% of the stock is owned by hedge funds and other institutional investors.

About American Airlines Group

(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.

Further Reading

Analyst Recommendations for American Airlines Group (NASDAQ:AAL)

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