American Airlines Group (NASDAQ:AAL) Price Target Raised to $17.00

American Airlines Group (NASDAQ:AALGet Free Report) had its price target increased by stock analysts at Wells Fargo & Company from $12.00 to $17.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the airline’s stock. Wells Fargo & Company‘s price objective would indicate a potential downside of 6.94% from the stock’s current price.

A number of other analysts have also commented on AAL. Barclays boosted their price target on American Airlines Group from $16.00 to $19.00 and gave the company an “equal weight” rating in a report on Thursday. UBS Group lifted their target price on American Airlines Group from $18.00 to $21.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Citigroup boosted their target price on American Airlines Group from $14.00 to $22.00 and gave the company a “buy” rating in a research note on Friday. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $12.50 price target (down from $17.00) on shares of American Airlines Group in a research report on Thursday, March 5th. Finally, BMO Capital Markets raised their price target on shares of American Airlines Group from $12.00 to $13.50 and gave the stock a “market perform” rating in a research note on Friday, April 24th. Eight equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $16.76.

Check Out Our Latest Analysis on AAL

American Airlines Group Trading Up 1.9%

Shares of AAL stock traded up $0.35 during trading hours on Tuesday, hitting $18.27. 20,568,335 shares of the company were exchanged, compared to its average volume of 75,210,227. American Airlines Group has a 52 week low of $10.09 and a 52 week high of $18.25. The business has a 50 day moving average of $13.84 and a two-hundred day moving average of $13.59. The company has a market capitalization of $12.08 billion, a PE ratio of 58.92 and a beta of 1.35.

American Airlines Group (NASDAQ:AALGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The airline reported ($0.40) EPS for the quarter, beating the consensus estimate of ($0.45) by $0.05. The business had revenue of $13.91 billion for the quarter, compared to analysts’ expectations of $16.13 billion. American Airlines Group had a net margin of 0.36% and a negative return on equity of 9.11%. The firm’s revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.59) EPS. 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, research analysts forecast that American Airlines Group will post 0.13 EPS for the current year.

Insider Buying and Selling at American Airlines Group

In related news, COO David Seymour sold 69,343 shares of American Airlines Group stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $17.00, for a total value of $1,178,831.00. Following the sale, the chief operating officer owned 1,025,489 shares of the company’s stock, valued at approximately $17,433,313. The trade was a 6.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE raised its stake in shares of American Airlines Group by 39.0% during the 1st quarter. Bank of America Corp DE now owns 2,165,162 shares of the airline’s stock worth $23,254,000 after purchasing an additional 608,049 shares in the last quarter. South Dakota Investment Council bought a new position in shares of American Airlines Group in the first quarter valued at $243,000. Amundi acquired a new position in American Airlines Group during the first quarter worth $496,000. California State Teachers Retirement System increased its holdings in American Airlines Group by 19.0% during the first quarter. California State Teachers Retirement System now owns 216,876 shares of the airline’s stock worth $2,329,000 after buying an additional 34,698 shares during the last quarter. Finally, Empowered Funds LLC raised its position in American Airlines Group by 47.4% during the first quarter. Empowered Funds LLC now owns 27,558 shares of the airline’s stock worth $296,000 after acquiring an additional 8,859 shares in the last quarter. 52.44% of the stock is currently owned by institutional investors.

American Airlines Group Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for American Airlines Group (NASDAQ:AAL)

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