Stock Buzzer: Is American Airlines Group Inc a Buy? The Stock Rises Again

Stock Buzzer: Is American Airlines Group Inc a Buy? The Stock Rises Again

The stock of American Airlines Group Inc (NASDAQ:AAL) is a huge mover today! About 3.30M shares traded hands. American Airlines Group Inc (NASDAQ:AAL) has risen 9.22% since April 11, 2016 and is uptrending. It has outperformed by 3.07% the S&P500.
The move comes after 6 months positive chart setup for the $21.83 billion company. It was reported on Nov, 11 by Barchart.com. We have $70.54 PT which if reached, will make NASDAQ:AAL worth $14.63B more.

American Airlines Group Inc (NASDAQ:AAL) Ratings Coverage

Out of 18 analysts covering American Airlines Group (NASDAQ:AAL), 8 rate it a “Buy”, 4 “Sell”, while 6 “Hold”. This means 44% are positive. American Airlines Group has been the topic of 30 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock of American Airlines Group Inc (NASDAQ:AAL) has “Reduce” rating given on Wednesday, November 25 by HSBC. The stock of American Airlines Group Inc (NASDAQ:AAL) earned “Mkt Perform” rating by Raymond James on Wednesday, September 21. Credit Suisse upgraded American Airlines Group Inc (NASDAQ:AAL) rating on Thursday, January 7. Credit Suisse has “Outperform” rating and $57 price target. As per Wednesday, September 2, the company rating was upgraded by Vetr. The firm has “Outperform” rating by Cowen & Co given on Monday, February 1. The stock of American Airlines Group Inc (NASDAQ:AAL) has “Hold” rating given on Friday, April 1 by Deutsche Bank. The firm has “Underperform” rating given on Tuesday, October 11 by Bernstein. The firm earned “In-Line” rating on Friday, August 26 by Imperial Capital. The stock of American Airlines Group Inc (NASDAQ:AAL) has “Outperform” rating given on Thursday, March 24 by Raymond James. The firm earned “Strong-Buy” rating on Thursday, August 27 by Vetr.

According to Zacks Investment Research, “American Airlines Group Inc. operates in the airline industry. The company provides scheduled passenger, freight and mail service primarily in North America, the Caribbean, Latin America, Europe and the Pacific. American Airlines Group Inc. is the holding company for American Airlines and US Airways. American Airlines Group Inc. is based in FORT WORTH TX.”

Insitutional Activity: The institutional sentiment decreased to 0.6 in 2016 Q2. Its down 0.02, from 0.62 in 2016Q1. The ratio turned negative, as 111 funds sold all American Airlines Group Inc shares owned while 206 reduced positions. 40 funds bought stakes while 150 increased positions. They now own 384.56 million shares or 8.83% less from 421.82 million shares in 2016Q1.
Cna has 92,200 shares for 0.65% of their US portfolio. Hap Trading Ltd Liability Corporation reported 71,299 shares or 0.12% of all its holdings. Moreover, Gateway Investment Advisers Limited Liability has 0.14% invested in American Airlines Group Inc (NASDAQ:AAL) for 593,448 shares. The United Kingdom-based Gulf Int Bancorporation (Uk) has invested 0.02% in American Airlines Group Inc (NASDAQ:AAL). Amica Retiree Medical has 0.13% invested in the company for 5,179 shares. Springbok Mngmt Limited Liability Co owns 7,085 shares or 0.03% of their US portfolio. Utah Retirement System accumulated 0.08% or 105,500 shares. Oakbrook Investments Ltd accumulated 0.06% or 39,500 shares. Motco last reported 666 shares in the company. Cornerstone Advisors last reported 392 shares in the company. Amp Cap Ltd has 0.01% invested in the company for 70,183 shares. Tcw Gp Incorporated holds 0.01% or 42,400 shares in its portfolio. Commonwealth Of Pennsylvania School Empls Retrmt reported 46,293 shares or 0.02% of all its holdings. Moreover, Psagot Invest House Ltd has 0% invested in American Airlines Group Inc (NASDAQ:AAL) for 480 shares. Allianz Asset Mgmt Ag has invested 0.01% of its portfolio in American Airlines Group Inc (NASDAQ:AAL).

Insider Transactions: Since June 13, 2016, the stock had 1 insider purchase, and 6 selling transactions for $10.34 million net activity. GOULET – BEVERLY K. sold $1.36 million worth of stock or 40,000 shares. Nocella Andrew P sold 171,383 shares worth $6.97M. On Wednesday, September 14 the insider Leibman Maya sold $363,432. SCHIFTER RICHARD P bought $96,390 worth of stock.

More important recent American Airlines Group Inc (NASDAQ:AAL) news were published by: Fool.com which released: “Why American Airlines Group, Inc. Stock Rose 10.9% in October” on November 02, 2016, also Dallasnews.com published article titled: “American Airlines bringing faster Wi-Fi to 500 planes”, Reuters.com published: “BRIEF-American Airlines Group Inc & American Airlines Inc entered into a f…” on November 01, 2016. More interesting news about American Airlines Group Inc (NASDAQ:AAL) was released by: Wsj.com and their article: “Unusual Failure in American Airlines’ Jet Engine Prompts Investigation” with publication date: October 30, 2016.

AAL Company Profile

American Airlines Group Inc. (AAG), incorporated on February 16, 1982, is a holding firm whose primary business activity is the operation of a network air carrier through its subsidiaries, American Airlines, Inc. (American) and its regional subsidiaries, Envoy Aviation Group Inc. (Envoy), Piedmont Airlines, Inc. (Piedmont) and PSA Airlines, Inc. (PSA) that operate under capacity purchase agreements as American Eagle.

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