During recent trading, American Airlines Group Inc (Symbol: AAL) saw its stock price rise above the average 12-month target set by analysts, reaching $17.35 per share. Typically, when a stock hits its target, analysts face a decision to downgrade their prediction or raise it. The analyst’s response often hinges on recent developments within the company, signaling potential for further growth.
Currently, there are 19 analysts contributing to the target price for American Airlines. These targets vary widely; one analyst predicts a price of just $11.00, while another sets an ambitious target at $24.00. The average target comes in at $17.28, with a standard deviation of $4.901, suggesting differing opinions on the stock’s potential.
This average serves as a collective insight, reflecting the views of multiple analysts rather than relying on a single estimate. With AAL trading above the average target price of $17.28, investors must now consider whether this stock is poised for even higher gains or if the current valuation is too stretched, warranting a cautious approach.
| Recent AAL Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Months Ago | 3 Months Ago |
| Strong buy ratings: | 8 | 6 | 6 | 6 |
| Buy ratings: | 0 | 0 | 0 | 0 |
| Hold ratings: | 11 | 13 | 12 | 12 |
| Sell ratings: | 1 | 1 | 1 | 1 |
| Strong sell ratings: | 0 | 0 | 1 | 1 |
| Average rating: | 2.25 | 2.45 | 2.55 | 2.55 |
The average rating is scored from 1 to 5, where a score of 1 indicates a Strong Buy and 5 indicates a Strong Sell. The data is sourced from Zacks Investment Research via Quandl.com. To stay informed, get the latest Zacks research report on AAL — FREE.
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
