American Airlines Group (NASDAQ:AAL) has been assigned a $37.00 price objective by equities research analysts at Morgan Stanley in a research note issued to investors on Thursday. The brokerage presently has a “hold” rating on the airline’s stock. Morgan Stanley’s price target would suggest a potential upside of 19.70% from the company’s previous close.

A number of other analysts have also weighed in on AAL. Imperial Capital increased their price objective on shares of American Airlines Group from $52.00 to $56.00 and gave the stock an “outperform” rating in a research report on Thursday, September 27th. ValuEngine raised shares of American Airlines Group from a “strong sell” rating to a “sell” rating in a research report on Thursday, July 19th. BidaskClub raised shares of American Airlines Group from a “strong sell” rating to a “sell” rating in a research report on Wednesday, September 12th. Macquarie raised shares of American Airlines Group from a “neutral” rating to an “outperform” rating and set a $47.00 price objective on the stock in a research report on Monday, July 30th. Finally, Buckingham Research reduced their price objective on shares of American Airlines Group from $63.00 to $57.00 and set a “buy” rating on the stock in a research report on Tuesday, July 17th. Two analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company’s stock. American Airlines Group currently has an average rating of “Hold” and an average price target of $52.15.

Shares of NASDAQ AAL opened at $30.91 on Thursday. The company has a debt-to-equity ratio of -25.16, a quick ratio of 0.46 and a current ratio of 0.55. The stock has a market cap of $19.03 billion, a PE ratio of 6.34, a price-to-earnings-growth ratio of 0.77 and a beta of 0.98. American Airlines Group has a 12-month low of $30.75 and a 12-month high of $59.08.

American Airlines Group (NASDAQ:AAL) last announced its earnings results on Thursday, July 26th. The airline reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.04. The firm had revenue of $11.64 billion for the quarter, compared to analysts’ expectations of $11.67 billion. American Airlines Group had a net margin of 3.75% and a return on equity of 151.06%. The business’s revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.92 EPS. As a group, sell-side analysts expect that American Airlines Group will post 4.66 EPS for the current year.

A number of hedge funds have recently modified their holdings of AAL. Exane Derivatives grew its stake in American Airlines Group by 176,700.0% in the 2nd quarter. Exane Derivatives now owns 3,536 shares of the airline’s stock worth $136,000 after acquiring an additional 3,534 shares in the last quarter. Trilogy Capital Inc. grew its stake in American Airlines Group by 10,137.5% in the 2nd quarter. Trilogy Capital Inc. now owns 4,095 shares of the airline’s stock worth $155,000 after acquiring an additional 4,055 shares in the last quarter. Assetmark Inc. grew its stake in American Airlines Group by 1,283.6% in the 1st quarter. Assetmark Inc. now owns 3,293 shares of the airline’s stock worth $171,000 after acquiring an additional 3,055 shares in the last quarter. Piedmont Investment Advisors LLC bought a new position in American Airlines Group in the 2nd quarter worth about $185,000. Finally, Princeton Capital Management LLC bought a new position in American Airlines Group in the 2nd quarter worth about $190,000. Institutional investors and hedge funds own 82.24% of the company’s stock.

American Airlines Group Company Profile

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. It provides scheduled air transportation services for passengers and cargo. As of December 31, 2017, the company operated a mainline fleet of 948 aircraft. It serves 350 destinations in approximately 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, and Phoenix, as well as in Washington, DC The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc in December 2013.

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Analyst Recommendations for American Airlines Group (NASDAQ:AAL)

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