American Airlines Group (AAL) : The consensus on American Airlines Group (AAL) based on 12 analyst recommendation on the company stock is 1.67, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on American Airlines Group (AAL).
American Airlines Group (AAL) stock is expected to deviate a maximum of $6.59 from the average target price of $44.1 for the short term period. 10 Street Experts have initiated coverage on the stock with the most promising target being $50 and the most muted being $27.
American Airlines Group (NASDAQ:AAL): The stock opened at $27.76 on Wednesday but the bulls could not build on the opening and the stock topped out at $28.40 for the day. The stock traded down to $27.12 during the day, due to lack of any buying support eventually closed down at $28.35 with a loss of -2.00% for the day. The stock had closed at $28.93 on the previous day. The total traded volume was 18,757,538 shares.
Also, Equity Analysts at the Brokerage Firm, Bank of America, downgrades their rating on the shares of American Airlines Group (NASDAQ:AAL). Bank of America has a Underperform rating on the shares. The rating by the firm was issued on June 16, 2016. The company shares have dropped -26.41% from its 1 Year high price. On Nov 3, 2015, the shares registered one year high at $47.09 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $30.65 and the 200 Day Moving Average price is recorded at $37.19.
American Airlines Group Inc. (AAG) is a holding company and its wholly-owned subsidiaries include American Airlines, Inc. (American), US Airways Group, Inc. (US Airways Group) and Envoy Aviation Group Inc. (Envoy). US Airways Groups principal subsidiary include US Airways, Inc. (US Airways) and its other wholly-owned subsidiaries include Piedmont Airlines, Inc. (Piedmont), and PSA Airlines, Inc. (PSA). AAGs primary business activity includes the operation of two network carriers through its principal, wholly-owned mainline operating subsidiaries: American and US Airways. The Companys airlines operate an average of approximately 6,700 flights per day to around 339 destinations in around 54 countries from its hubs in Charlotte, Chicago, Dallas/Fort Worth (DFW), Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, District of Columbia.