American Airlines Group (NASDAQ:AAL) Price Target Lowered to $18.00 at Susquehanna

American Airlines Group (NASDAQ:AAL) had its target price reduced by Susquehanna from $20.00 to $18.00 in a research note published on Tuesday morning,Benzinga reports. Susquehanna currently has a neutral rating on the airline’s stock.

Other analysts also recently issued research reports about the company. Raymond James reaffirmed an “outperform” rating and set a $23.00 price objective (down previously from $24.00) on shares of American Airlines Group in a research note on Friday, January 24th. Scotiabank upgraded American Airlines Group from a “neutral” rating to a “buy” rating and set a $20.00 price objective on the stock in a report on Thursday, December 5th. Seaport Res Ptn upgraded American Airlines Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 5th. Morgan Stanley lifted their price target on shares of American Airlines Group from $18.00 to $22.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. Finally, Jefferies Financial Group raised shares of American Airlines Group from a “hold” rating to a “buy” rating and increased their price objective for the stock from $12.00 to $20.00 in a research report on Monday, January 6th. Seven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $18.88.

American Airlines Group Price Performance

Shares of NASDAQ AAL opened at $16.84 on Tuesday. American Airlines Group has a fifty-two week low of $9.07 and a fifty-two week high of $19.10. The firm has a market capitalization of $11.07 billion, a P/E ratio of 14.77, a P/E/G ratio of 0.24 and a beta of 1.35. The company’s 50 day simple moving average is $17.06 and its 200 day simple moving average is $13.56.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings results on Thursday, January 23rd. The airline reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.47. American Airlines Group had a negative return on equity of 28.56% and a net margin of 1.56%. Sell-side analysts expect that American Airlines Group will post 2.39 EPS for the current fiscal year.

Insider Activity

In other American Airlines Group news, SVP Angela Owens sold 51,906 shares of the company’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $17.15, for a total value of $890,187.90. Following the transaction, the senior vice president now directly owns 112,412 shares in the company, valued at $1,927,865.80. The trade was 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 at this hyperlink. Also, CEO Robert D. Isom, Jr. sold 102,441 shares of the firm’s stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $17.21, for a total transaction of $1,763,009.61. Following the sale, the chief executive officer now owns 2,967,984 shares of the company’s stock, valued at approximately $51,079,004.64. This represents a 3.34 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Los Angeles Capital Management LLC bought a new stake in shares of American Airlines Group during the fourth quarter worth approximately $1,849,000. Asset Advisors Investment Management LLC acquired a new position in American Airlines Group in the 4th quarter valued at $541,000. ING Groep NV bought a new position in American Airlines Group during the 4th quarter worth $3,854,000. Truxt Investmentos Ltda. acquired a new stake in shares of American Airlines Group during the fourth quarter worth $3,035,000. Finally, Meitav Investment House Ltd. acquired a new position in shares of American Airlines Group in the fourth quarter valued at about $1,366,000. 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.