American Airlines Group Inc. (AAL, Financial) has decided to retract its financial guidance for the full year. The airline cites uncertain economic conditions as the primary reason for this decision. Management has indicated that they will offer a comprehensive update once they have a clearer view of the economic landscape.
This move reflects the broader challenges airline companies face in navigating volatile market conditions. American Airlines remains focused on monitoring economic developments closely to inform its financial strategies moving forward.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for American Airlines Group Inc (AAL, Financial) is $14.66 with a high estimate of $24.00 and a low estimate of $8.00. The average target implies an upside of 57.30% from the current price of $9.32. More detailed estimate data can be found on the American Airlines Group Inc (AAL) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, American Airlines Group Inc's (AAL, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for American Airlines Group Inc (AAL, Financial) in one year is $12.37, suggesting a upside of 32.73% from the current price of $9.32. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the American Airlines Group Inc (AAL) Summary page.
