UBS Group Has Lowered Expectations for American Airlines Group (NASDAQ:AAL) Stock Price

American Airlines Group (NASDAQ:AAL) had its price target reduced by research analysts at UBS Group from $13.00 to $9.00 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. UBS Group’s price target suggests a potential downside of 7.00% from the company’s current price.

A number of other analysts have also recently weighed in on AAL. Redburn Partners raised shares of American Airlines Group from a “neutral” rating to a “buy” rating and set a $24.00 price objective on the stock in a report on Wednesday, February 26th. Melius Research upgraded American Airlines Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Bank of America decreased their price objective on American Airlines Group from $16.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday. Barclays reduced their price target on shares of American Airlines Group from $18.00 to $16.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 12th. Finally, Citigroup lowered their price target on American Airlines Group from $21.50 to $20.00 and set a “buy” rating on the stock in a report on Tuesday, March 18th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $17.55.

American Airlines Group Stock Performance

Shares of AAL traded up $0.22 during mid-day trading on Monday, hitting $9.68. 52,454,242 shares of the company’s stock were exchanged, compared to its average volume of 36,586,983. The company has a market cap of $6.36 billion, a price-to-earnings ratio of 8.50, a P/E/G ratio of 0.21 and a beta of 1.17. The stock’s 50-day moving average is $13.85 and its 200-day moving average is $14.47. American Airlines Group has a fifty-two week low of $8.50 and a fifty-two week high of $19.10.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Thursday, January 23rd. The airline reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.47. American Airlines Group had a net margin of 1.56% and a negative return on equity of 28.56%. As a group, equities research analysts anticipate that American Airlines Group will post 2.42 EPS for the current year.

Insider Buying and Selling

In other American Airlines Group news, SVP Angela Owens sold 51,906 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $17.15, for a total value of $890,187.90. Following the completion of the transaction, the senior vice president now directly owns 112,412 shares in the company, valued at $1,927,865.80. This trade represents a 31.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.49% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AAL. 111 Capital bought a new stake in shares of American Airlines Group during the 4th quarter worth approximately $1,037,000. Wealth Enhancement Advisory Services LLC grew its position in shares of American Airlines Group by 11.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 51,470 shares of the airline’s stock valued at $897,000 after buying an additional 5,152 shares during the last quarter. Bernard Wealth Management Corp. bought a new position in American Airlines Group during the 4th quarter worth approximately $42,000. Heck Capital Advisors LLC acquired a new stake in American Airlines Group during the 4th quarter worth about $98,000. Finally, Polar Asset Management Partners Inc. bought a new stake in American Airlines Group in the fourth quarter valued at $8,009,000. 52.44% of the stock is owned by institutional investors.

About American Airlines Group

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.