American Airlines Group's (AAL) "Market Perform" Rating Reaffirmed at Cowen and Company

American Airlines Group Inc logo

The share price of the company (NASDAQ:AAL) was up +2.03%, with a high of 44.25 during the day and the volume of American Airlines Group, Inc. shares traded was 4563213. The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.02% in American Airlines Group Inc (NASDAQ:AAL). The lower end of the projection is $1.42 per share, while the higher end is $1.78 per share. The business's quarterly revenue was up 1.7% compared to the same quarter a year ago. The firm owned 66,923 shares of the airline's stock after buying an additional 19,930 shares during the period. The share price is now down -9.67% for the past three months.

10/12/2016 - American Airlines Group, Inc. had its "buy" rating reiterated by analysts at Stifel Nicolaus.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings results on Friday, January 27th. The company earned $9.79 billion during the quarter, compared to the consensus estimate of $9.74 billion.

Alaska Air Group (ALK) is trading at a similar valuation of 6.6x, followed by Southwest Airlines' (LUV) 6.3x and Spirit Airlines' (SAVE) 6.0x. American Airlines Group's quarterly revenue was up 1.7% on a year-over-year basis. EPS growth in past five years was 18.20% while EPS growth in next five years is projected to arrive at 2.18%. They now have a United States dollars 46 price target on the stock. Imperial Capital reaffirmed an outperform rating and set a $46.00 target price (down previously from $51.00) on shares of American Airlines Group in a report on Friday, March 17th. Vetr raised American Airlines Group from a "buy" rating to a "strong-buy" rating and set a $52.26 price objective for the company in a research report on Monday, January 30th. Wolfe Research maintained American Airlines Group Inc (NASDAQ:AAL) on Friday, October 21 with "Outperform" rating.

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.25 out of the scale from 1 to 5, where 1 stands for Strong Buy and 5 means Strong Sell.

Analyst Recommendations are opinions given by analysts to their clients about whether a given stock is worth buying or not. Citigroup Initiates Coverage On American Airlines Group Inc.

The stock subtracted in the prior trading session by -0.95%, closing at the stock price of $43.81. The firm has a market cap of $22.07 billion, a P/E ratio of 9.10 and a beta of 0.93. Current price places the company's stock 7.58% away from its 200-day simple moving average, 0.55%, away from the 50-day average and also 5.28% away from 20-day average. The returns on investment strengthen findings as American Airlines Group Inc.

LB Reuben Foster tested positive for diluted urine sample at combine
The star inside linebacker on Alabama's vaunted defense, Foster had surgery to fix a partially torn rotator cuff after the season. Miller said of Thursday's news of Foster's combine test, "Could explain why buzz about Foster slipping has been out there".

ILLEGAL ACTIVITY NOTICE: This report was posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this report on another site, it was copied illegally and reposted in violation of worldwide trademark and copyright law. $4.02M worth of American Airlines Group Inc (NASDAQ:AAL) was sold by EBERWEIN ELISE R on Tuesday, November 15.

In related news, EVP Maya Leibman sold 9,455 shares of the stock in a transaction dated Wednesday, March 1st. Another trade for 8,000 shares valued at $361,762 was sold by ROBINSON RAY M. Isom Robert D Jr had sold 59,758 shares worth $2.69 million.

The number of shares now held by investors is 504.15 Million.

A number of analysts recently issued reports on the stock. (NASDAQ:AAL) shares gained 1.35% to $44.40 on Wednesday. The disclosure for this sale can be found here. They expect $0.50 earnings per share, down 60.00% or $0.75 from last year's $1.25 per share.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Finally, Wetherby Asset Management Inc. acquired a new position in American Airlines Group during the fourth quarter valued at approximately $233,000. Insiders sold 269,968 shares of company stock worth $12,662,207 in the last 90 days. Insiders have bought a total of 23,500 shares of company stock worth $17,025 over the last quarter. Alpha Cubed Investments LLC increased its stake in American Airlines Group by 1.3% in the third quarter. Employees Retirement System of Texas now owns 166,000 shares of the airline's stock worth $4,699,000 after buying an additional 30,000 shares during the last quarter.

Hellman Jordan Management Company Inc decreased American Airlines Group Inc (AAL) stake by 31.11% reported in 2016Q4 SEC filing. Cipher Capital LP boosted its stake in shares of American Airlines Group by 969.8% in the second quarter. Morgan Stanley upgraded American Airlines Group Inc (NASDAQ:AAL) on Thursday, April 28 to "Overweight" rating.

Related News:

  • Mumbai Indians beat Royal Challengers Bengalore by 4 wickets

    First, the West Indian bowled a looped delivery outside off-stump and Parthiv gave away an easy catch to Gayle at extra-cover. Virat Kohli returned to action after close to a month recuperating from a shoulder injury to lead the Royal Challengers.

    S. Korea downplays United States vice president's comments on FTA

    A senior North Korean official has stated that his country will continue to test missiles in spite of worldwide condemnation. Trump and Abe agreed in February to have Pence and Aso, who is also Japan's finance minister, open an economic dialogue.
    EPA seeks to scuttle cleanup of coal power plant pollution

    EPA seeks to scuttle cleanup of coal power plant pollution

    Chanting crowds weaved through streets of East Chicago on Wednesday near a Superfund site . "Stop corporate greed. Rolling back these rules would be a mistake not just for today, but for generations in the future".
  • Fox News moves on without Bill O'Reilly

    Fox News moves on without Bill O'Reilly

    After two decades as the "undisputed king of cable news ", Fox News bid Bill O'Reilly a terse farewell. Burgess first made her complaint public on Tuesday through attorney Lisa Bloom but did so anonymously.

    This Map Shows The Countries At Risk From North Korean Missiles

    Arriving in Tokyo for talks with Japanese Prime Minister Shinzo Abe, Pence hailed the two countries' longstanding security ties. Chinese Foreign Minister Wang Yi: China ready to work "with all relevant countries".

    The origins of 4/20, marijuana's high holiday

    Though it wound up being a wild goose chase, it eventually gave rise to the shortened term "420" to denote smoking marijuana. The story told on countless couches around the country is that "420" is police code for a marijuana arrest.
  • I was doing my bit to smash health stigma - Harry

    I was doing my bit to smash health stigma - Harry

    Mr Lyons, from Edgbaston in Birmingham, said: "I never imagined in a million years I'd still be at it 37 years later". But on April 23 she will be in London to join thousands of people taking part in the 2017 Virgin London Marathon .
    FCC Votes to Allow Broadcasters to Buy More TV Stations

    FCC Votes to Allow Broadcasters to Buy More TV Stations

    The FCC added 50 percent of the buildings in a county are within a half-mile of a location served by a competitive provider. Democrats in Congress have raised their fears with the commission that more consolidation could harm consumers.

    Lawyer: Aaron Hernandez family wants his brain examined

    Hernandez's family and legal team said they were "shocked" by his death, calling for a transparent and thorough investigation. The 5,800-square-foot house with 5 bedrooms and 7 bathrooms was put on the market for $1.5 million in March 2016.
  • Facebook killer takes own life as police close in

    Facebook killer takes own life as police close in

    Another daughter, Debbie Godwin, said that's what made her father so special. "I wouldn't wish that on anybody". According to WKYC's Chris Tye, the manager called Pennsylvania State Police and that Stephens was there.
    Preorders for Galaxy S8 top 600000 units in Korea

    Preorders for Galaxy S8 top 600000 units in Korea

    Many of these companies are nearly unheard of by the general public and just starting to get noticed by Wall Street. Samsung recently announced it will be selling refurbished Galaxy Note 7 smartphones in certain markets.
    New Surface device that runs Windows Cloud — Microsoft rumor

    New Surface device that runs Windows Cloud — Microsoft rumor

    Tabbed Shell is an operating system level feature which means that the functionality becomes available once it is released . Windows Cloud might be huge for Microsoft if it succeeds, but the pricing of Windows Cloud will be crucial.

Most liked

Amid competition, Verizon loses key customers for first time
For its Fios service, Verizon added 35,000 internet subscribers, lost 13,000 cable subscribers and lost 8,000 voice subscribers. Verizon Communications Inc. (VZ) has a mean recommendation of 2.71, according to data compiled by Zacks Investment Research.

Taiwan return of China dissident seen as bid for better ties
Reports suggest that according to a bilateral agreement between Taiwan and China, there is no such thing as "political asylum". Prior to his apprehension, local media had reported that Zhang meant to seek political asylum in Taiwan.

Fox stock gains ground following O'Reilly firing
It is also a significant moment for other television personalities and the degree to which off-screen misbehaviour is tolerated. In the wake of his dismissal, I think I can speak for millions of women: Frankly, we don't give a damn.

A 'trading disaster:' Trump slams NAFTA, repeats attacks on Canada's dairy industry
Canada quickly sought to re-establish the "facts" after US President Donald Trump's attack on Canadian milk producers on Tuesday. Chuck Schumer, agree and have accused Canada of violating existing trade agreements between the two countries.

Turkey election board rejects petitions to annul referendum
The German government has also questioned the vote after the European Union called for a probe into the result. The unofficial results show the Yes campaign won with 51.41 percent, while No votes stood at 48.59 percent.

FDA further restricts pain medication use in kids
Codeine also is used in cough syrup and cold remedies and sometimes is combined with other medications, such as acetaminophen. In 2013, the agency restricted use of codeine in children to treat pain after surgery to have tonsils and adenoids removed.

Russian Federation assures no more USA strikes on Syrian army
The base is one of two of Russia's primary military installations in Syria, and is the primary base used by Russian air forces. Advanced anti-aircraft missile defense systems have also reportedly been stationed at the base.

Washington to Review Iran Deal
Wednesday at the State Department, the secretary spent the majority of his remarks discussing the threat posed by Iran. Secretary of State Rex Tillerson speaks at the U.S. -Saudi Arabia CEO Summit, on April 19, 2017, at the U.S.

Pope Francis among Time Magazine's 100 most influential people
Canadian Prime Minister Justin Trudeau met with the president in February. Trump met with the Mexican President Peña Nieto on January 31.

Philippines checks report of 'harassment' near China-controlled reef
China claims sovereignty over nearly the entire South China Sea, through which about $5 trillion worth of goods pass annually. Before, I don't remember China having such claims as nine-dash line", Mendoza pointed out.

Chevrolet FNR-X concept debuts at 2017 Shanghai auto show
The steering wheel and dashboard have a sporty integrated design, while the seats can be moved easily to maximize cargo capacity. Suspension and ground clearance is adjustable, and the FNR-X is fitted with an all-terrain Advanced Driver Assist System (ADAS).

Juventus star Paulo Dybala reveals agreement on Barcelona
Juventus eliminated Barcelona from the quarter finals of the Champions League winning for 3-0 on aggregate. We must have had 13, 14 shots and none on target, which is where you do damage.

Aaahh, Freak Out! Chic and Earth, Wind & Fire to play Pittsburgh
Nile Rodgers and Earth, Wind and Fire's 2054 Tour comes to Denver this summer. April 28 through, or by calling 1-888-223-6000.

Trump plans to meet the Turkish president next month
The new system outlined under the constitutional changes will take full effect at the next election, slated for November 2019. He added: "This country held the most democratic polls that have never been seen in any other country in the West".

Dem senator to North Korea: 'We will retaliate'
It also came the day after North Korea's latest launch - which failed when the missile blew up seconds after blast-off. Pence's most recent visit to the Korean Peninsula raised the possibility of renewed talks between the two nations.