American Airlines Gets a Buy Rating from Stifel Nicolaus

By Carrie Williams

Stifel Nicolaus analyst Joseph DeNardi reiterated a Buy rating on American Airlines (NASDAQ: AAL) on May 25 and set a price target of $95. The company’s shares closed yesterday at $48.74, close to its 52-week high of $50.64.

According to, DeNardi is a 3-star analyst with an average return of 9.2% and a 68.4% success rate. DeNardi covers the Services sector, focusing on stocks such as Allegiant Travel Company, Southwest Airlines, and United Continental.

American Airlines has an analyst consensus of Moderate Buy, with a price target consensus of $63.

Based on American Airlines’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $9.62 billion and quarterly net profit of $234 million. In comparison, last year the company earned revenue of $9.44 billion and had a net profit of $700 million.

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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. It cargo division provides a range of freight and mail services, with facilities and interline connections available across the globe. The company was founded on December 9, 2013 and is headquartered in Fort Worth, TX.