American Airlines Group (AAL) has risen sharply, recording gains of 2.06% in the past 4 weeks. However, the stock has corrected -0.71% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.27% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.5% and the fifty day Moving Average is 9.13%. American Airlines Group Inc. is up 14.81% in the last three month period. Year-to-Date the stock performance stands at -13.71%.
American Airlines Group (AAL) : The consensus price target for American Airlines Group (AAL) is $43.63 for the short term with a standard deviation of $6.59. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $50, however, the pessimist price target for the company is $29.
American Airlines Group (NASDAQ:AAL): On Fridays trading session , Opening price of the stock was $36.68 with an intraday high of $36.84. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $36.02. However, the stock managed to close at $36.23, a loss of 1.33% for the day. On the previous day, the stock had closed at $36.72. The total traded volume of the day was 6,257,687 shares.
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.