Market Analysts see American Airlines Group Inc [AAL] gaining to $24. Time to buy?

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American Airlines Group Inc [NASDAQ: AAL] price plunged by -0.18 percent to reach at -$0.03.

The one-year AAL stock forecast points to a potential upside of 8.62. The average equity rating for AAL stock is currently 2.35, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on American Airlines Group Inc [AAL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AAL shares is $18.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AAL stock is a recommendation set at 2.35. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Raymond James have made an estimate for American Airlines Group Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 30, 2024. While these analysts kept the previous recommendation, Bernstein raised their target price from $14 to $24. The new note on the price target was released on December 10, 2024, representing the official price target for American Airlines Group Inc stock. Previously, the target price had yet another raise from $10 to $17, while TD Cowen kept a Hold rating on AAL stock.

The Average True Range (ATR) for American Airlines Group Inc is set at 0.59, with the Price to Sales ratio for AAL stock in the period of the last 12 months amounting to 0.21.

AAL Stock Performance Analysis:

American Airlines Group Inc [AAL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.19. With this latest performance, AAL shares gained by 17.28% in over the last four-week period, additionally plugging by 53.71% over the last 6 months – not to mention a rise of 31.04% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AAL stock in for the last two-week period is set at 58.36, with the RSI for the last a single of trading hit 52.36, and the three-weeks RSI is set at 61.15 for American Airlines Group Inc [AAL]. The present Moving Average for the last 50 days of trading for this stock 15.25, while it was recorded at 17.27 for the last single week of trading, and 12.82 for the last 200 days.

Insight into American Airlines Group Inc Fundamentals:

American Airlines Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.47 and a Current Ratio set at 0.57.

AAL Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AAL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for American Airlines Group Inc go to -1.25%.

American Airlines Group Inc [AAL] Institutonal Ownership Details

There are presently around $56.93%, or 57.64%% of AAL stock, in the hands of institutional investors. The top three institutional holders of AAL stocks are: VANGUARD GROUP INC with ownership of 74.07 million shares, which is approximately 11.2935%. PRIMECAP MANAGEMENT CO/CA/, holding 56.88 million shares of the stock with an approximate value of $$644.47 million in AAL stocks shares; and PRIMECAP MANAGEMENT CO/CA/, currently with $$458.75 million in AAL stock with ownership which is approximately 6.1736%.