American Airlines Group Inc. (NASDAQ:AAL) today reported its fourth quarter and full year 2014 results. Reported record fourth quarter 2014 net profit excluding net special charges of $1.1 billion, up 153 percent versus the fourth quarter 2013. For the year, the Company’s 2014 net profit excluding net special charges was a record $4.2 billion, up 115 percent versus 2013 Completed the Company’s previously announced $1 billion share repurchase program more than one year before its expiration. Announced authorization of an additional $2 billion share repurchase program to be completed by the end of 2016 Declared a dividend of $… Read more »
Shares of American Airlines Group Inc closed yesterday at $55.45 . AAL has a 1-year high of $56.20 and a 1-year low of $28.10. The stock’s 50-day moving average is $51.59 and it’s 200-day moving average is $42.44.
On the ratings front, American Airlines has been the subject of a number of recent research reports. In a report issued on January 16, Barclays analyst Isaac Husseini maintained a Buy rating on AAL, with a price target of $68, which represents a potential upside of 22.6% from where the stock is currently trading. Separately, on January 13, CRT Capital’s Michael Derchin reiterated a Buy rating on the stock and has a price target of $63.
In total, 8 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $55.45 which is 19.3% above where the stock closed yesterday.
American Airlines Group Inc, through its subsidiaries, operates in the airline industry.