Analyst Rating Update on American Airlines Group (AAL)

American Airlines Group (AAL) : 11 analysts are covering American Airlines Group (AAL) and their average rating on the stock is 1.55, which is read as a Buy. 8 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. American Airlines Group (AAL) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

American Airlines Group (AAL) : The consensus price target for American Airlines Group (AAL) is $43.15 for the short term with a standard deviation of $5.73. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $50, however, the pessimist price target for the company is $29.

For the current week, the company shares have a recommendation consensus of Buy. Also, JP Morgan maintains its rating on American Airlines Group (NASDAQ:AAL). The global brokerage major lowers the current price target from $50.5 per share to $41.5 per share. Analysts at the JP Morgan have a current rating of Overweight on the shares. The rating by the firm was issued on July 27, 2016.


American Airlines Group (NASDAQ:AAL): The stock opened at $33.47 on Wednesday but the bulls could not build on the opening and the stock topped out at $33.96 for the day. The stock traded down to $33.17 during the day, due to lack of any buying support eventually closed down at $33.48 with a loss of -0.09% for the day. The stock had closed at $33.51 on the previous day. The total traded volume was 8,253,109 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.

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