Breaking Finance News

American Airlines Group (NYSE:AAL) target price raised to $6.00, reported today by Citigroup

In a report released on 9/13/2017 Citigroup increased the stock price target of American Airlines Group (NYSE:AAL) to $6.00 reporting a possible downside of -0.87%.

Previously on 9/01/2017, Morgan Stanley reported on American Airlines Group (NYSE:AAL) reduced the target price from $52.00 to $51.00. At the time, this indicated a possible upside of 0.13%.

Just yesterday American Airlines Group (NYSE:AAL) traded 1.55% higher at $47.19. American Airlines Group’s 50-day moving average is $47.27 and its 200-day moving average is $46.76. The last closing price is up 0.53% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 5,892,223 shares of AAL traded hands, up from an average trading volume of 5,658,100

Recent Performance Chart

American Airlines Group (NYSE:AAL)

American Airlines Group has 52 week low of $33.90 and a 52 week high of $54.48 with a PE ratio of 11.67 and has a market capitalization of $0.

In addition to Citigroup reporting its stock price target, a total of 14 brokers have issued a research note on the company. The average stock price target is $43.25 with 3 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 3 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On American Airlines Group (NYSE:AAL)

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. The Company's cargo division provides a range of freight and mail services with facilities and interline connections available across the globe. Together with its regional airline subsidiaries and third-party regional carriers operating as American Eagle, its airline operated an average of nearly 6,700 flights per day to nearly 350 destinations in more than 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, District of Columbia, as of December 31, 2016. In the fiscal year ended December 31, 2016, approximately 199 million passengers boarded its mainline and regional flights.

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