American Airlines Group (NASDAQ:AAL) Price Target Cut to $15.00 by Analysts at TD Cowen

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TD Cowen lowered its price target for American Airlines Group (AAL) from $16.00 to $15.00 while maintaining a 'buy' rating. This follows other analyst actions, including upgrades by JPMorgan and Susquehanna, and downgrades by Melius Research and Wall Street Zen. The stock traded at $13.14 on Friday, with insiders selling shares and hedge funds adjusting positions.

American Airlines Group (NASDAQ:AAL - Get Free Report) had its price target lowered by stock analysts at TD Cowen from $16.00 to $15.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has a "buy" rating on the airline's stock. TD Cowen's target price would indicate a potential upside of 14.11% from the stock's previous close.

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AAL has been the subject of several other research reports. Melius Research downgraded shares of American Airlines Group from a "buy" rating to a "hold" rating and upped their target price for the company from $15.00 to $19.00 in a research note on Tuesday, July 7th. JPMorgan Chase & Co. boosted their price target on shares of American Airlines Group from $22.00 to $24.00 and gave the company an "overweight" rating in a report on Friday, July 24th. Susquehanna upped their price objective on shares of American Airlines Group from $16.00 to $25.00 and gave the company a "positive" rating in a research report on Tuesday, July 7th. Cantor Fitzgerald set a $24.00 price objective on American Airlines Group in a research note on Thursday, July 2nd. Finally, Wall Street Zen lowered American Airlines Group from a "buy" rating to a "hold" rating in a report on Saturday, July 18th. Eight equities research 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. According to MarketBeat.com, American Airlines Group currently has an average rating of "Hold" and an average price target of $18.47.

Get Our Latest Stock Report on American Airlines Group

American Airlines Group Stock Performance

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NASDAQ:AAL traded up $0.01 during mid-day trading on Friday, hitting $13.14. The company had a trading volume of 9,298,497 shares, compared to its average volume of 78,420,727. American Airlines Group has a fifty-two week low of $10.09 and a fifty-two week high of $18.79. The firm has a market cap of $8.70 billion, a P/E ratio of -26.87 and a beta of 1.37. The business's fifty day moving average is $14.03 and its two-hundred day moving average is $13.75.

American Airlines Group (NASDAQ:AAL - Get Free Report) last posted its earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.12. The company had revenue of $16.73 billion during the quarter, compared to analyst estimates of $16.70 billion. American Airlines Group had a negative return on equity of 9.11% and a negative net margin of 0.56%.The company's revenue for the quarter was up 16.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.95 EPS. American Airlines Group has set its Q3 2026 guidance at -0.700--0.100 EPS and its FY 2026 guidance at -0.650-0.650 EPS. Equities analysts forecast that American Airlines Group will post -0.28 earnings per share for the current year.

Insider Activity at American Airlines Group

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In related news, SVP Angela Owens sold 40,077 shares of the firm's stock in a transaction on Friday, July 31st. The shares were sold at an average price of $15.26, for a total transaction of $611,575.02. Following the sale, the senior vice president directly owned 178,799 shares in the company, valued at $2,728,472.74. This trade represents a 18.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On American Airlines Group

A number of large investors have recently added to or reduced their stakes in AAL. QRG Capital Management Inc. raised its position in American Airlines Group by 7.2% in the 2nd quarter. QRG Capital Management Inc. now owns 47,059 shares of the airline's stock valued at $850,000 after buying an additional 3,162 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in American Airlines Group by 1.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 70,836 shares of the airline's stock worth $1,280,000 after acquiring an additional 972 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in American Airlines Group during the 2nd quarter worth approximately $394,000. Tidal Investments LLC bought a new position in shares of American Airlines Group during the 2nd quarter worth approximately $350,000. Finally, WINTON GROUP Ltd bought a new position in shares of American Airlines Group during the 2nd quarter worth approximately $2,304,000. Institutional investors own 52.44% of the company's stock.

About American Airlines Group

(Get Free Report)

American Airlines Group Inc is a holding company whose principal subsidiary is American Airlines, one of the world's largest passenger airlines. Through American Airlines and its regional carriers operating under the American Eagle brand, the company provides scheduled air transportation for passengers and cargo.

American Airlines serves an extensive network of destinations in the United States, Latin America, the Caribbean, Canada, Europe and other international markets. Its operations are supported by major hubs across the United States, while its global reach is expanded through partnerships and membership in the oneworld airline alliance.

In addition to passenger and cargo transportation, the company operates the AAdvantage loyalty program, which offers members rewards and travel-related benefits.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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