American Airlines Group (NASDAQ:AAL) had its price objective upped by Citigroup to $65.00 in a report released on Thursday, The Fly reports. Citigroup currently has a buy rating on the airline’s stock.

Several other equities analysts also recently commented on AAL. Morgan Stanley reiterated an equal weight rating and issued a $51.00 target price (up from $47.00) on shares of American Airlines Group in a research report on Monday, October 2nd. Stephens reiterated a hold rating and issued a $62.00 target price on shares of American Airlines Group in a research report on Wednesday, January 10th. Cowen reiterated an outperform rating and issued a $55.00 target price on shares of American Airlines Group in a research report on Tuesday, September 26th. BidaskClub downgraded American Airlines Group from a buy rating to a hold rating in a research report on Friday, January 5th. Finally, Bank of America upgraded American Airlines Group from an underperform rating to a buy rating and set a $64.00 target price for the company in a research report on Tuesday, January 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. American Airlines Group has an average rating of Buy and a consensus price target of $60.35.

Shares of American Airlines Group (NASDAQ AAL) opened at $58.47 on Thursday. The firm has a market capitalization of $27,977.84, a PE ratio of 14.88, a P/E/G ratio of 5.27 and a beta of 0.99. The company has a debt-to-equity ratio of 5.63, a current ratio of 0.65 and a quick ratio of 0.57. American Airlines Group has a 12 month low of $39.21 and a 12 month high of $58.73.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings data on Thursday, October 26th. The airline reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.40 by $0.02. The business had revenue of $10.88 billion for the quarter, compared to analyst estimates of $10.88 billion. American Airlines Group had a return on equity of 64.92% and a net margin of 4.71%. American Airlines Group’s revenue was up 2.7% compared to the same quarter last year. During the same period last year, the firm posted $2.80 earnings per share. equities analysts predict that American Airlines Group will post 4.8 EPS for the current fiscal year.

In other news, CEO W Douglas Parker sold 224,572 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $52.32, for a total transaction of $11,749,607.04. Following the completion of the transaction, the chief executive officer now directly owns 1,925,242 shares in the company, valued at $100,728,661.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Alberto Ibarguen sold 4,229 shares of the firm’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $47.60, for a total value of $201,300.40. The disclosure for this sale can be found here. 0.69% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Westside Investment Management Inc. grew its stake in American Airlines Group by 3.5% during the second quarter. Westside Investment Management Inc. now owns 2,116 shares of the airline’s stock worth $111,000 after purchasing an additional 72 shares during the period. WFG Advisors LP grew its stake in American Airlines Group by 28.1% during the second quarter. WFG Advisors LP now owns 2,367 shares of the airline’s stock worth $119,000 after purchasing an additional 519 shares during the period. IHT Wealth Management LLC grew its stake in American Airlines Group by 516.8% during the second quarter. IHT Wealth Management LLC now owns 2,387 shares of the airline’s stock worth $126,000 after purchasing an additional 2,000 shares during the period. Exane Derivatives grew its stake in American Airlines Group by 416.3% during the third quarter. Exane Derivatives now owns 2,592 shares of the airline’s stock worth $123,000 after purchasing an additional 2,090 shares during the period. Finally, Blue Granite Capital LLC acquired a new stake in American Airlines Group during the third quarter worth approximately $131,000. 81.22% of the stock is owned by institutional investors and hedge funds.

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American Airlines Group Company Profile

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 Fly

Analyst Recommendations for American Airlines Group (NASDAQ:AAL)

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