Company Update (NASDAQ:AAL):American Airlines To Provide Global Entry Membership For Crew Members
American Airlines, in close coordination with the United States Department of Homeland Security (DHS) and U.S. Customs and Border Protection (CBP), today announced it is the first carrier to offer its nearly 40,000 pilots and flight attendants complimentary membership in CBP’s Global Entry program. Membership in Global Entry allows expedited CBP clearance for pre-approved, low-risk travelers upon arrival in the United States. “American is proud to be the first airline to offer Global Entry membership free of ch… Read more »
Shares of American Airlines Group Inc opened today at $50.12 and are currently trading up at $51.185. AAL has a 1-year high of $54.64 and a 1-year low of $28.10. The stock’s 50-day moving average is $50.18 and it’s 200-day moving average is $41.75.
On the ratings front, American Airlines Group Inc has been the subject of a number of recent research reports. In a report released yesterday, analyst Bob McAdoo from Imperial reiterated a Buy rating on AAL, with a price target of $92, which represents a potential upside of 83.6% from where the stock is currently trading. Separately, on December 15, Deutsche Bank`s Michael Linenberg assigned a Buy rating to American Airlines Group Inc shares and has a price target of $67.
In total, one research analyst has rated the stock with a Sell rating, 7 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 $50.12 which is 9.1% above where the stock opened today.
American Airlines Group Inc, through its subsidiaries, operates in the airline industry.