American Airlines Group (AAL) Receives ‘Analyst’ Rating

American Airlines Group (AAL) : Zacks Investment Research ranks American Airlines Group (AAL) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 1.8, which indicates as a Buy.

American Airlines Group (AAL) : The highest short term price target forecast on American Airlines Group (AAL) is $50 and the lowest target price is $29. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $43.22 with a standard deviation of $6.28.


Also, Imperial Capital initiates coverage on American Airlines Group (NASDAQ:AAL). The rating major has initiated the coverage with in-line rating on the shares. The Analysts at Imperial Capital announces a current price target of $40 per share. The rating by the firm was issued on August 26, 2016.

American Airlines Group (NASDAQ:AAL): After opening at $36.31, the stock dipped to an intraday low of $35.85 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $36.63 and the buying power remained strong till the end. The stock closed at $36.41 for the day, a gain of 0.05% for the day session. The total traded volume was 7,805,325. The stocks close on the previous trading day was $36.39.

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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