Barclays Remains a Hold on American Airlines

By Carrie Williams

In a report issued on September 11, Brandon Oglenski from Barclays maintained a Hold rating on American Airlines (NASDAQ: AAL), with a price target of $55. The company’s shares closed yesterday at $47.

According to TipRanks.com, Oglenski is a 4-star analyst with an average return of 6.3% and a 58.2% success rate. Oglenski covers the Services sector, focusing on stocks such as Allegiant Travel Company, Diana Containerships Inc, and Expeditors International.

Currently, the analyst consensus on American Airlines is Moderate Buy and the average price target is $63.40, representing a 34.9% upside.

In a report issued on September 1, Morgan Stanley also assigned a Hold rating to the stock with a $51 price target.

American Airlines’ market cap is currently $22.57B and has a P/E ratio of 11.62. The company has a book value ratio of 6.1696.

Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

American Airlines Group, Inc. is a holding company whose business activity is the operation of a network carrier through its principal wholly-owned mainline operating subsidiary, American. The company provides air transportation for passengers and cargo.