Bernstein Reaffirms "Underperform" Rating for American Airlines Group Inc (AAL)

Bernstein Reaffirms

Bernstein Reaffirms "Underperform" Rating for American Airlines Group Inc (AAL)

(NASDAQ:AAL) by 11.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission.

Historically, if we look at price target revisions, two weeks ago American Airlines Group Inc (NASDAQ:AAL)'s price target was revised on 2/15/17 by the analysts, however the bullish price estimates of the stock set at $65 while the bearish estimates kept at $42 over the next one year. Deutsche Bank AG reaffirmed a "buy" rating and set a $55.00 price objective on shares of American Airlines Group in a research note on Tuesday, January 31st. The legal version of this story can be accessed at https://www.thecerbatgem.com/2017/03/10/american-airlines-group-inc-aal-lifted-to-buy-at-vetr-inc.html. The airline reported $0.92 earnings per share for the quarter, meeting the consensus estimate of $0.92. Aperio Group LLC increased its position in American Airlines Group by 39.4% in the third quarter. O Shaughnessy Asset Management LLC now owns 1,323,020 shares of the airline's stock valued at $33,411,000 after buying an additional 948,077 shares during the period. LLC IN increased its stake in American Airlines Group by 0.3% in the third quarter. Institutional ownership in the company is 82.60% while the short ratio is 4.49. Finally, RS Investment Management Co. Quadrature Capital Ltd raised its stake in shares of American Airlines Group by 1,206.6% in the second quarter. Aperio Group LLC now owns 94,159 shares of the airline's stock valued at $3,447,000 after buying an additional 26,612 shares during the last quarter. American Airlines Group Inc has a 12 month low of $24.85 and a 12 month high of $50.64. The firm's stock has a market capitalization of $23.07 bln. American Airlines Group's payout ratio is 8.37%. The stock is now moving above its 20-Day Simple Moving Average of -6.9% with the 50-Day Simple Moving Average of -6.9 percent.

American Airlines Group (NASDAQ:AAL) reports revenue passenger miles fell 3.3% to 15.159B in February.

American Airlines Group Inc (NASDAQ:AAL) performance over the past one year soared 7.57% whereas its year to date (YTD) performance indicated a bearish trend of -3.75%.

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Epizyme, Inc. (NASDAQ:EPZM), reported financial results for the fourth quarter and full year 2016. Together with its regional airline subsidiaries and third-party regional carriers operating as American Eagle, its airline operated an average of almost 6,700 flights per day to almost 350 destinations in more than 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, District of Columbia, as of December 31, 2016. The company's revenue for the quarter was up 1.7% on a year-over-year basis. On average, equities analysts forecast that American Airlines Group, Inc. will post $5.66 earnings per share for the current fiscal year.

08/30/2016 - American Airlines Group, Inc. had its "underperform" rating reiterated by analysts at Credit Suisse. The share price is trading in a range of $44.60 - 45.30.

According to consensus agreement of 16 analysts American Airlines Group Inc (NASDAQ:AAL) will report earnings per share of $0.51 in their quarterly report and it is expected to announce the company's results on 4/28/17. They set an equal weight rating and a $62.00 price target on the stock. Three analysts have rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company.

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