American Airlines Group (NASDAQ:AAL) Given New $16.00 Price Target at Bank of America

American Airlines Group (NASDAQ:AAL) had its target price upped by Bank of America from $14.00 to $16.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a “neutral” rating on the airline’s stock. Bank of America‘s price objective would indicate a potential downside of 2.17% from the company’s current price.

Other equities research analysts have also recently issued research reports about the company. Morgan Stanley upped their price target on American Airlines Group from $20.00 to $24.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $12.50 price objective (down from $17.00) on shares of American Airlines Group in a report on Thursday, March 5th. Weiss Ratings lowered American Airlines Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, June 1st. UBS Group raised their price target on American Airlines Group from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Finally, Wells Fargo & Company cut their price target on American Airlines Group from $17.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, March 16th. Seven investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $15.59.

American Airlines Group Stock Up 2.3%

Shares of NASDAQ AAL traded up $0.36 during midday trading on Monday, hitting $16.36. The company had a trading volume of 15,975,704 shares, compared to its average volume of 70,122,328. The firm has a market capitalization of $10.82 billion, a price-to-earnings ratio of 52.82 and a beta of 1.35. American Airlines Group has a twelve month low of $10.09 and a twelve month high of $16.50. The business has a 50-day simple moving average of $13.19 and a two-hundred day simple moving average of $13.48.

American Airlines Group (NASDAQ:AAL) last issued its earnings results on Thursday, April 23rd. The airline reported ($0.40) earnings per share for the quarter, topping the consensus estimate 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 prior year, the business posted ($0.59) earnings per share. The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. 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. On average, equities analysts forecast that American Airlines Group will post 0.13 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Invesco Ltd. increased its position in American Airlines Group by 1.3% during the second quarter. Invesco Ltd. now owns 2,978,006 shares of the airline’s stock worth $33,413,000 after buying an additional 36,877 shares in the last quarter. Brown Advisory Inc. lifted its position in shares of American Airlines Group by 42.6% in the second quarter. Brown Advisory Inc. now owns 45,358 shares of the airline’s stock valued at $509,000 after acquiring an additional 13,539 shares in the last quarter. California Public Employees Retirement System lifted its position in shares of American Airlines Group by 5.0% in the second quarter. California Public Employees Retirement System now owns 1,164,443 shares of the airline’s stock valued at $13,065,000 after acquiring an additional 55,059 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of American Airlines Group by 6.6% during the second quarter. NewEdge Advisors LLC now owns 13,251 shares of the airline’s stock valued at $149,000 after acquiring an additional 823 shares during the last quarter. Finally, Sei Investments Co. boosted its stake in shares of American Airlines Group by 34.4% during the second quarter. Sei Investments Co. now owns 1,315,532 shares of the airline’s stock valued at $14,760,000 after acquiring an additional 336,993 shares during the last quarter. 52.44% of the stock is owned by hedge funds and other institutional investors.

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.