Shares of American Airlines Group Inc. (NASDAQ:AAL – Get Free Report) hit a new 52-week high during mid-day trading on Monday after Bank of America raised their price target on the stock from $14.00 to $16.00. Bank of America currently has a neutral rating on the stock. American Airlines Group traded as high as $16.50 and last traded at $16.4430, with a volume of 55674338 shares traded. The stock had previously closed at $15.99.
Other research analysts also recently issued reports about the company. Weiss Ratings downgraded American Airlines Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, June 1st. Jefferies Financial Group upped their price objective on shares of American Airlines Group from $13.00 to $15.00 and gave the company a “hold” rating in a research note on Tuesday, June 16th. BMO Capital Markets raised their target price on shares of American Airlines Group from $12.00 to $13.50 and gave the stock a “market perform” rating in a research report on Friday, April 24th. Morgan Stanley upped their price target on shares of American Airlines Group from $20.00 to $24.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of American Airlines Group from $13.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Seven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $15.59.
Check Out Our Latest Report on American Airlines Group
Hedge Funds Weigh In On American Airlines Group
American Airlines Group Trading Up 2.4%
The stock has a market capitalization of $10.83 billion, a P/E ratio of 52.85 and a beta of 1.35. The stock’s 50 day simple moving average is $13.19 and its 200 day simple moving average is $13.48.
American Airlines Group (NASDAQ:AAL – Get Free Report) last issued its quarterly 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 business had revenue of $13.91 billion for the quarter, compared to analysts’ expectations of $16.13 billion. During the same quarter last year, the company posted ($0.59) earnings per share. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. 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. On average, sell-side analysts expect that American Airlines Group Inc. will post 0.13 EPS for the current fiscal year.
About American Airlines Group
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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