Shares of American Airlines Group Inc. (NASDAQ:AAL) have been given a consensus recommendation of “Hold” by the eighteen research firms that are covering the firm. Four analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $41.67.

Several equities analysts have recently weighed in on the stock. Vetr lowered shares of American Airlines Group from a “buy” rating to a “hold” rating and set a $39.50 price objective for the company. in a research report on Thursday. Raymond James Financial Inc. lowered shares of American Airlines Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, September 21st. Credit Suisse Group AG restated a “sell” rating and set a $34.00 price objective on shares of American Airlines Group in a research report on Tuesday, September 13th. Cowen and Company restated an “outperform” rating and set a $43.00 price objective on shares of American Airlines Group in a research report on Wednesday, August 31st. Finally, Citigroup Inc. assumed coverage on shares of American Airlines Group in a research report on Friday, August 26th. They set an “in-line” rating and a $40.00 price objective for the company.

In related news, EVP Maya Leibman sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 14th. The shares were sold at an average price of $36.34, for a total transaction of $363,400.00. Following the transaction, the executive vice president now owns 196,907 shares of the company’s stock, valued at $7,155,600.38. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Beverly K. Goulet sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 13th. The shares were sold at an average price of $35.00, for a total transaction of $700,000.00. Following the transaction, the executive vice president now directly owns 308,604 shares in the company, valued at approximately $10,801,140. The disclosure for this sale can be found here. Corporate insiders own 0.64% of the company’s stock.

A number of institutional investors have recently modified their holdings of AAL. Advisory Services Network LLC raised its position in shares of American Airlines Group by 20.0% in the third quarter. Advisory Services Network LLC now owns 6,685 shares of the airline’s stock valued at $245,000 after buying an additional 1,114 shares during the last quarter. BNP Paribas Arbitrage SA raised its position in American Airlines Group by 47.7% in the third quarter. BNP Paribas Arbitrage SA now owns 331,189 shares of the airline’s stock worth $12,125,000 after buying an additional 106,941 shares in the last quarter. Eqis Capital Management Inc. raised its position in American Airlines Group by 4.8% in the third quarter. Eqis Capital Management Inc. now owns 13,453 shares of the airline’s stock worth $493,000 after buying an additional 613 shares in the last quarter. Evercore Wealth Management LLC raised its position in American Airlines Group by 60.1% in the second quarter. Evercore Wealth Management LLC now owns 4,601 shares of the airline’s stock worth $130,000 after buying an additional 1,727 shares in the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund purchased a new position in American Airlines Group during the second quarter worth approximately $661,000. 74.62% of the stock is currently owned by hedge funds and other institutional investors.

American Airlines Group (NASDAQ:AAL) opened at 37.73 on Wednesday. The company’s 50-day moving average is $36.65 and its 200 day moving average is $35.02. The firm has a market cap of $19.99 billion, a price-to-earnings ratio of 3.56 and a beta of 0.97. American Airlines Group has a 12 month low of $24.85 and a 12 month high of $47.09.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Friday, July 22nd. The airline reported $1.77 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.68 by $0.09. The firm had revenue of $10.40 billion for the quarter, compared to analysts’ expectations of $10.27 billion. American Airlines Group had a net margin of 16.50% and a return on equity of 107.21%. American Airlines Group’s quarterly revenue was down 4.3% on a year-over-year basis. During the same quarter last year, the company earned $2.62 EPS. On average, equities research analysts predict that American Airlines Group will post $5.44 earnings per share for the current year.

About American Airlines Group

American Airlines Group Inc (AAG) is a holding company whose primary business activity is the operation of a network air carrier through its subsidiaries, American Airlines, Inc (American) and its regional subsidiaries, Envoy Aviation Group Inc (Envoy), Piedmont Airlines, Inc (Piedmont) and PSA Airlines, Inc (PSA).

5 Day Chart for NASDAQ:AAL

Receive News & Stock Ratings for American Airlines Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Airlines Group Inc. and related stocks with our FREE daily email newsletter.