Morgan Stanley Reaffirms Their Sell Rating on American Airlines (AAL)

By Jason Carr

Morgan Stanley analyst Rajeev Lalwani maintained a Sell rating on American Airlines (AALResearch Report) today and set a price target of $24.00. The company’s shares closed last Monday at $27.07.

According to, Lalwani is a 4-star analyst with an average return of 5.4% and a 65.5% success rate. Lalwani covers the Services sector, focusing on stocks such as Allegiant Travel Company, Southwest Airlines, and JetBlue Airways.

American Airlines has an analyst consensus of Moderate Buy, with a price target consensus of $38.40.

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The company has a one-year high of $40.58 and a one-year low of $24.23. Currently, American Airlines has an average volume of 7.06M.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AAL in relation to earlier this year.

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AMR Corp. provides scheduled passenger, freight and mail services. The company provides services through its wholly owned subsidiaries which include American Airlines, Inc., and AMR Eagle Holding Corporation.