Raymond James has revised its price target for American Airlines (AAL, Financial), reducing it from $15 to $14. Despite the lowered target, the firm maintains an Outperform rating for the airline's stock. This decision reflects a belief in a favorable risk-reward balance, bolstered by unique earnings influences.
The analysis from Raymond James highlights that although American Airlines faces challenges, particularly within the domestic main cabin segment, there are positive indicators. Sequential trends in both revenue and costs provide some optimism for the airline's financial performance.
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 $14.50 with a high estimate of $24.00 and a low estimate of $8.00. The average target implies an upside of 50.91% from the current price of $9.61. 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 28.72% from the current price of $9.61. 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.
