American Airlines Group Stock News (NASDAQ:AAL)
38.19 -0.65 (-1.67%)
After Hours: 38.38 +0.19 (0.50%)
Several analysts have recently commented on the stock.
Analysts at Stifel Nicolaus initiated coverage on shares of American Airlines Group in a research note on Monday, May 5th.
They set a “buy” rating and a $45.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of American Airlines Group in a research note on Thursday, May 1st.
They now have a $55.00 price target on the stock. Finally, analysts at Bank of America reiterated a “neutral” rating on shares of American Airlines Group in a research note on Monday, April 28th.
They now have a $42.00 price target on the stock, up previously from $40.00.
Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company.
The stock presently has an average rating of “Buy” and a consensus target price of $44.12.
WKRB News and Analysis
American Airlines Group (NASDAQ:AAL) was the recipient of a significant drop in short interest in April.
As of April 30th, there was short interest totalling 14,949,434 shares, a drop of 23.8% from the April 15th total of 19,628,953 shares, Analyst Ratings.Net reports.
Based on an average daily volume of 11,537,262 shares, the days-to-cover ratio is presently 1.3 days. Currently, 3.2% of the shares of the stock are sold short.
Posted by Nolan Pearson on May 14th, 2014-Analyst Report
Jim Cramer’s Mad Money Stock Pick for Tuesday May 13 2014, American Airlines (AAL).
Cramer said the airlines are still trading at a deep discount compared to the overall market. TheStreet
Hedge-fund manager, Daniel Loeb's of Third Point LLC recently purchased 2.7 million shares of American Airlines.
Institutional Trading Activity Report for American Airlines Group (AAL) -- A total of 24 block trades were executed today, typically at least 10,000 shares or more represent a single block unit.
Block trades help investors understand the sentiment of large financial institutions.
Further trading analysis reveals that 239,673 shares were bought and 145,645 shares were sold. The bought/sold ratio for shares of American Airlines Group is 1.65, representing a positive net cash flow of $3,626,997 into the stock.
On the options side, a total of total of 20,618 call and 5,520 put contracts were traded yielding a 0.27 put/call ratio.
Within the last month, shares of AAL have gained 11.96% of their value. The trading volume of 6.28M is above the average volume of 4.02M shares.
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