Bank of America Increases American Airlines Group (NASDAQ:AAL) Price Target to $16.00

American Airlines Group (NASDAQ:AAL) had its price objective increased by equities research analysts at Bank of America from $14.00 to $16.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a “neutral” rating on the airline’s stock. Bank of America‘s price target suggests a potential downside of 2.17% from the stock’s previous close.

Several other equities analysts have also recently issued reports on the company. Rothschild & Co Redburn restated a “neutral” rating and issued a $12.50 price target (down from $17.00) on shares of American Airlines Group in a research report on Thursday, March 5th. BMO Capital Markets lifted their target price on American Airlines Group from $12.00 to $13.50 and gave the company a “market perform” rating in a research note on Friday, April 24th. Morgan Stanley boosted their target price on American Airlines Group from $20.00 to $24.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Jefferies Financial Group upped their price target on American Airlines Group from $13.00 to $15.00 and gave the stock a “hold” rating in a research note on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on American Airlines Group from $13.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Seven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $15.59.

American Airlines Group Stock Up 2.3%

NASDAQ:AAL traded up $0.36 during trading hours on Monday, reaching $16.36. 15,975,704 shares of the company’s stock were exchanged, compared to its average volume of 70,122,328. American Airlines Group has a 1-year low of $10.09 and a 1-year high of $16.50. The firm has a market capitalization of $10.82 billion, a price-to-earnings ratio of 52.82 and a beta of 1.35. The company has a 50-day moving average of $13.19 and a 200 day moving average of $13.48.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings data on Thursday, April 23rd. The airline reported ($0.40) EPS for the quarter, beating analysts’ consensus estimates of ($0.45) by $0.05. American Airlines Group had a net margin of 0.36% and a negative return on equity of 9.11%. The company had revenue of $13.91 billion for the quarter, compared to analyst estimates of $16.13 billion. During the same period in the previous year, the business posted ($0.59) earnings per share. American Airlines Group’s quarterly revenue was up 10.8% on a year-over-year basis. American Airlines Group has set its FY 2026 guidance at -0.400-1.100 EPS and its Q2 2026 guidance at -0.200-0.200 EPS. Research analysts forecast that American Airlines Group will post 0.13 EPS for the current fiscal year.

Institutional Investors Weigh In On American Airlines Group

A number of hedge funds have recently added to or reduced their stakes in AAL. West Branch Capital LLC purchased a new position in shares of American Airlines Group during the 4th quarter worth approximately $31,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of American Airlines Group by 102.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,353 shares of the airline’s stock valued at $36,000 after buying an additional 1,188 shares in the last quarter. Center for Financial Planning Inc. boosted its stake in shares of American Airlines Group by 377.4% in the fourth quarter. Center for Financial Planning Inc. now owns 2,530 shares of the airline’s stock valued at $39,000 after buying an additional 2,000 shares in the last quarter. Clearstead Advisors LLC grew its holdings in American Airlines Group by 140.3% during the fourth quarter. Clearstead Advisors LLC now owns 2,968 shares of the airline’s stock worth $45,000 after acquiring an additional 1,733 shares during the period. Finally, Caitong International Asset Management Co. Ltd grew its holdings in American Airlines Group by 208.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,282 shares of the airline’s stock worth $50,000 after acquiring an additional 2,217 shares during the period. Institutional investors and hedge funds own 52.44% of the company’s stock.

American Airlines Group Company Profile

American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world’s largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.

The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.