Raymond James analyst Savanthi Syth maintained a Hold rating on American Airlines (AAL) today. The company’s shares closed last Thursday at $13.15.
According to TipRanks.com, Syth is a 4-star analyst with an average return of 6.1% and a 54.8% success rate. Syth covers the Industrial Goods sector, focusing on stocks such as International Consolidated Airlines, Allegiant Travel Company, and United Airlines Holdings.
Currently, the analyst consensus on American Airlines is a Moderate Sell with an average price target of $10.00.
See today’s analyst top recommended stocks >>
Based on American Airlines’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.62 billion and GAAP net loss of $2.07 billion. In comparison, last year the company earned revenue of $11.96 billion and had a net profit of $662 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
AMR Corp. provides scheduled passenger, freight and mail services. The company provides services through its wholly owned subsidiaries which include American Airlines, Inc., and AMR Eagle Holding Corporation. The American Airlines, Inc. provides scheduled jet service to various destinations throughout North America, the Caribbean, Latin America, Europe and Asia. AMR Eagle Holding Corporation owns two regional airlines which do business as ‘American Eagle’ which include American Eagle Airlines, Inc. and Executive Airlines, Inc. which in turn collectively known as the American Eagle carriers. It also contracts with independently owned regional airlines, which does business as AmericanConnection. The company was founded in October 1982 and is headquartered in Fort Worth, TX.
Read More on AAL:
