American Airlines Receives a New Rating from a Top Analyst

In a report released today, Helane Becker from Cowen & Co. assigned a Buy rating to American Airlines (NASDAQ: AAL), with a price target of $55. The company’s shares opened today at $46.35.

According to TipRanks.com, Becker is a top 25 analyst with an average return of 21.9% and a 78.2% success rate. Becker covers the Services sector, focusing on stocks such as Allegiant Travel Company, Air Transport Services, and WestJet Airlines Ltd.

American Airlines has an analyst consensus of Moderate Buy, with a price target consensus of $66.

The company has a one year high of $54.48 and a one year low of $33.90. Currently, American Airlines has an average volume of 5.64M.

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.

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