Morgan Stanley reiterated their equal weight rating on shares of American Airlines Group, Inc. (NASDAQ:AAL) in a research report report published on Monday, MarketBeat Ratings reports. They currently have a $51.00 price target on the airline’s stock, up from their previous price target of $47.00.

AAL has been the topic of a number of other research reports. Atlantic Securities began coverage on American Airlines Group in a research report on Tuesday, June 20th. They issued an underweight rating and a $56.00 price target on the stock. Citigroup Inc. reaffirmed a buy rating on shares of American Airlines Group in a research report on Wednesday, September 13th. Cowen and Company reaffirmed an outperform rating and issued a $55.00 price target on shares of American Airlines Group in a research report on Tuesday, September 26th. Bank of America Corporation increased their price target on American Airlines Group from $40.00 to $42.00 and gave the company an underperform rating in a research report on Friday, June 30th. Finally, BidaskClub raised American Airlines Group from a buy rating to a strong-buy rating in a research report on Saturday, July 8th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of $56.97.

American Airlines Group (AAL) opened at 50.73 on Monday. The stock has a market cap of $24.71 billion, a price-to-earnings ratio of 12.59 and a beta of 0.99. The firm has a 50-day moving average price of $45.96 and a 200 day moving average price of $47.06. American Airlines Group has a 1-year low of $36.80 and a 1-year high of $54.48. American Airlines Group also saw some unusual options trading on Monday. Traders purchased 1,841 put options on the company. This is an increase of approximately 221% compared to the average volume of 574 put options.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings results on Friday, July 28th. The airline reported $1.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $0.05. The company had revenue of $11.11 billion for the quarter, compared to analyst estimates of $11.08 billion. American Airlines Group had a return on equity of 83.58% and a net margin of 5.02%. American Airlines Group’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.77 EPS. On average, equities research analysts anticipate that American Airlines Group will post $4.66 EPS for the current fiscal year.

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In other American Airlines Group news, Director Ray M. Robinson sold 3,476 shares of American Airlines Group stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $46.76, for a total value of $162,537.76. Following the transaction, the director now directly owns 29,938 shares in the company, valued at approximately $1,399,900.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Maya Leibman sold 10,000 shares of American Airlines Group stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $47.97, for a total value of $479,700.00. Following the completion of the transaction, the executive vice president now owns 161,476 shares in the company, valued at $7,746,003.72. The disclosure for this sale can be found here. Insiders have sold a total of 63,476 shares of company stock worth $3,159,738 in the last 90 days. 0.64% of the stock is currently owned by company insiders.

Several hedge funds have recently made changes to their positions in AAL. UBS Asset Management Americas Inc. grew its stake in shares of American Airlines Group by 6.5% in the 1st quarter. UBS Asset Management Americas Inc. now owns 421,192 shares of the airline’s stock valued at $17,816,000 after purchasing an additional 25,738 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of American Airlines Group by 9.2% in the 1st quarter. Victory Capital Management Inc. now owns 27,053 shares of the airline’s stock valued at $1,144,000 after purchasing an additional 2,290 shares during the last quarter. Blair William & Co. IL grew its stake in shares of American Airlines Group by 11.1% in the 1st quarter. Blair William & Co. IL now owns 12,863 shares of the airline’s stock valued at $595,000 after purchasing an additional 1,289 shares during the last quarter. American International Group Inc. grew its stake in shares of American Airlines Group by 5.8% in the 1st quarter. American International Group Inc. now owns 266,970 shares of the airline’s stock valued at $11,293,000 after purchasing an additional 14,588 shares during the last quarter. Finally, Kwmg LLC grew its stake in shares of American Airlines Group by 1.9% in the 1st quarter. Kwmg LLC now owns 37,615 shares of the airline’s stock valued at $1,591,000 after purchasing an additional 707 shares during the last quarter. Institutional investors own 81.56% of the company’s stock.

About American Airlines Group

American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.

Analyst Recommendations for American Airlines Group (NASDAQ:AAL)

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