Stock Update (NASDAQ:AAL): American Airlines Names Vasu Raja Vice President, International Revenue Management
American Airlines (NASDAQ:AAL) today promoted Vasu Raja to vice president – International Revenue Management. In this new role, Raja will lead a high-performing team responsible for overseeing all revenue generated from the company’s international business. His responsibilities will include overseeing the Atlantic joint business alliance with British Airways, Iberia and Finnair, as well as the airline’s Pacific joint venture with Japan Airlines. He will report to senior vice president – Revenue Management. “Vasu has played a key role in leading the integration of American and US Airways’ international revenue functions and under his leadership, intern… Read more »
Shares of American Airlines Group Inc opened today at $51 and are currently trading up at $51.95. 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 $50.73 and it’s 200-day moving average is $41.96.
On the ratings front, American Airlines Group Inc has been the subject of a number of recent research reports. In a report published on January 13, analyst Michael Derchin from CRT Capital reiterated a Buy rating on AAL, with a price target of $63, which implies an upside of 23.5% from current levels. Separately, on January 12, Imperial`s Bob McAdoo reiterated a Buy rating on American Airlines Group Inc shares and has a price target of $92.
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 $51 which is 7.2% above where the stock opened today.
American Airlines Group Inc, through its subsidiaries, operates in the airline industry.