American Airlines Group Inc. (NASDAQ:AAL) Given Consensus Recommendation of “Moderate Buy” by Analysts

American Airlines Group Inc. (NASDAQ:AAL) has earned a consensus rating of “Moderate Buy” from the eighteen brokerages that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and eleven have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $17.53.

Several research firms have recently commented on AAL. Jefferies Financial Group upgraded American Airlines Group from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a report on Thursday, January 11th. Evercore ISI reissued a “hold” rating and set a $17.00 price objective on shares of American Airlines Group in a research report on Monday, January 29th. Sanford C. Bernstein raised their price objective on American Airlines Group from $20.00 to $21.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 5th. Citigroup reissued a “buy” rating and set a $20.00 price objective on shares of American Airlines Group in a research report on Thursday, March 14th. Finally, Wolfe Research raised American Airlines Group from a “peer perform” rating to an “outperform” rating and set a $17.00 price objective for the company in a research report on Monday, January 22nd.

American Airlines Group Stock Down 1.6 %

NASDAQ AAL opened at $12.94 on Tuesday. American Airlines Group has a 52 week low of $10.86 and a 52 week high of $19.08. The business’s fifty day simple moving average is $14.62 and its 200-day simple moving average is $13.56. The firm has a market cap of $8.47 billion, a PE ratio of 11.76, a P/E/G ratio of 0.11 and a beta of 1.57.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings results on Thursday, January 25th. The airline reported $0.29 EPS for the quarter, topping the consensus estimate of $0.11 by $0.18. American Airlines Group had a negative return on equity of 36.28% and a net margin of 1.56%. The business had revenue of $13.06 billion for the quarter, compared to analyst estimates of $13.01 billion. During the same quarter in the previous year, the firm earned $1.17 EPS. The company’s quarterly revenue was down 1.0% compared to the same quarter last year. Research analysts expect that American Airlines Group will post 2.53 EPS for the current year.

Institutional Trading of American Airlines Group

Large investors have recently made changes to their positions in the company. Vermillion & White Wealth Management Group LLC purchased a new stake in shares of American Airlines Group during the fourth quarter worth approximately $27,000. Gables Capital Management Inc. boosted its holdings in American Airlines Group by 100.0% in the third quarter. Gables Capital Management Inc. now owns 2,000 shares of the airline’s stock valued at $26,000 after purchasing an additional 1,000 shares in the last quarter. RVW Wealth LLC acquired a new position in American Airlines Group in the third quarter valued at approximately $27,000. GoalVest Advisory LLC acquired a new position in American Airlines Group in the first quarter valued at approximately $38,000. Finally, Quarry LP acquired a new position in American Airlines Group in the fourth quarter valued at approximately $34,000. 52.44% of the stock is currently owned by hedge funds and other institutional investors.

About American Airlines Group

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.