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

American Airlines Group (NASDAQ:AAL) had its target price lifted by Barclays from $12.00 to $16.00 in a report issued on Monday,Benzinga reports. They currently have an equal weight rating on the airline’s stock.

AAL has been the subject of a number of other reports. Bank of America upped their target price on shares of American Airlines Group from $15.00 to $17.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 6th. BMO Capital Markets raised American Airlines Group to a “hold” rating in a research report on Tuesday, December 9th. Jefferies Financial Group lifted their target price on American Airlines Group from $12.00 to $13.00 and gave the company a “hold” rating in a report on Wednesday, October 1st. Weiss Ratings restated a “sell (d+)” rating on shares of American Airlines Group in a research note on Monday, December 29th. Finally, Wells Fargo & Company initiated coverage on shares of American Airlines Group in a report on Thursday, December 18th. They issued an “equal weight” rating and a $17.00 price objective on the stock. Nine investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $17.61.

American Airlines Group Trading Down 1.4%

AAL opened at $15.14 on Monday. The firm has a market capitalization of $9.99 billion, a PE ratio of 17.60, a PEG ratio of 0.54 and a beta of 1.23. American Airlines Group has a twelve month low of $8.50 and a twelve month high of $19.10. The firm’s 50-day moving average price is $14.58 and its 200 day moving average price is $13.10.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings data on Thursday, October 23rd. The airline reported ($0.17) EPS for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.10. The company had revenue of $13.69 billion during the quarter, compared to the consensus estimate of $13.65 billion. American Airlines Group had a net margin of 1.11% and a negative return on equity of 18.14%. American Airlines Group’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.30 EPS. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS and its FY 2025 guidance at 0.650-0.950 EPS. As a group, analysts predict that American Airlines Group will post 2.42 earnings per share for the current fiscal year.

Hedge Funds Weigh In On American Airlines Group

Large investors have recently modified their holdings of the business. Two Sigma Investments LP boosted its holdings in American Airlines Group by 49.1% during the third quarter. Two Sigma Investments LP now owns 13,670,800 shares of the airline’s stock worth $153,660,000 after buying an additional 4,500,897 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of American Airlines Group by 319.4% during the 2nd quarter. Marshall Wace LLP now owns 5,019,492 shares of the airline’s stock worth $56,319,000 after acquiring an additional 3,822,757 shares in the last quarter. Hennessy Advisors Inc. acquired a new stake in shares of American Airlines Group in the 3rd quarter worth approximately $37,533,000. Norges Bank acquired a new stake in shares of American Airlines Group in the 2nd quarter worth approximately $15,133,000. Finally, Jump Financial LLC increased its stake in American Airlines Group by 203.3% in the 2nd quarter. Jump Financial LLC now owns 1,914,890 shares of the airline’s stock valued at $21,485,000 after purchasing an additional 1,283,590 shares in the last quarter. 52.44% of the stock is owned by hedge funds and other institutional investors.

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.