TD Cowen Issues Positive Forecast for American Airlines Group (NASDAQ:AAL) Stock Price

American Airlines Group (NASDAQ:AAL) had its price objective raised by stock analysts at TD Cowen from $16.00 to $19.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the airline’s stock. TD Cowen’s price objective points to a potential upside of 17.10% from the stock’s current price.

AAL has been the topic of a number of other research reports. Susquehanna upped their price target on American Airlines Group from $10.00 to $12.00 and gave the company a “neutral” rating in a research report on Friday, October 3rd. BMO Capital Markets raised shares of American Airlines Group to a “hold” rating in a report on Tuesday, December 9th. UBS Group lifted their target price on shares of American Airlines Group from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday. JPMorgan Chase & Co. boosted their price target on shares of American Airlines Group from $17.00 to $20.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. Finally, Wells Fargo & Company started coverage on shares of American Airlines Group in a report on Thursday, December 18th. They issued an “equal weight” rating and a $17.00 price objective for the company. Eight research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $16.73.

American Airlines Group Stock Performance

AAL stock traded up $0.56 during mid-day trading on Wednesday, hitting $16.23. The company had a trading volume of 58,274,067 shares, compared to its average volume of 60,167,727. The firm has a market cap of $10.71 billion, a PE ratio of 18.87, a price-to-earnings-growth ratio of 0.64 and a beta of 1.23. American Airlines Group has a 12 month low of $8.50 and a 12 month high of $19.10. The stock’s fifty day moving average price is $14.26 and its two-hundred day moving average price is $12.92.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Thursday, October 23rd. The airline reported ($0.17) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.10. The firm had revenue of $13.69 billion during the quarter, compared to the consensus estimate of $13.65 billion. American Airlines Group had a net margin of 1.11% and a negative return on equity of 18.14%. The company’s revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.30 EPS. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS and its FY 2025 guidance at 0.650-0.950 EPS. Equities analysts anticipate that American Airlines Group will post 2.42 earnings per share for the current year.

Hedge Funds Weigh In On American Airlines Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Root Financial Partners LLC purchased a new stake in shares of American Airlines Group in the 3rd quarter valued at about $30,000. Guerra Advisors Inc bought a new position in shares of American Airlines Group in the third quarter worth approximately $37,000. UMB Bank n.a. increased its position in shares of American Airlines Group by 845.1% in the third quarter. UMB Bank n.a. now owns 3,251 shares of the airline’s stock worth $37,000 after purchasing an additional 2,907 shares during the last quarter. Bogart Wealth LLC raised its stake in American Airlines Group by 35.1% in the third quarter. Bogart Wealth LLC now owns 3,855 shares of the airline’s stock valued at $43,000 after purchasing an additional 1,002 shares in the last quarter. Finally, Ameriflex Group Inc. lifted its position in American Airlines Group by 71.2% during the third quarter. Ameriflex Group Inc. now owns 4,160 shares of the airline’s stock valued at $47,000 after purchasing an additional 1,730 shares during the last quarter. 52.44% of the stock is currently owned by hedge funds and other institutional investors.

About American Airlines Group

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.