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Do Analysts Expect American Airlines Group Inc (AAL) Stock to Rise After It Has Fallen -0.41% in a Month?

Friday, March 22, 2024 01:12 PM | InvestorsObserver Analysts

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Do Analysts Expect American Airlines Group Inc (AAL) Stock to Rise After It Has Fallen -0.41% in a Month?

Wall Street is positive on American Airlines Group Inc (AAL). On average, analysts give American Airlines Group Inc a Buy rating. The average price target is $17.125, which means analysts expect the stock to add by 16.26% over the next twelve months. That average ranking earns American Airlines Group Inc an Analyst Rating of 34, which is better than 34% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.9
Wall Street analysts are rating AAL a Buy today. Find out what this means to you and get the rest of the rankings on AAL!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With American Airlines Group Inc Stock Today?

American Airlines Group Inc (AAL) stock is trading at $14.73 as of 1:12 PM on Friday, Mar 22, a loss of -$0.05, or -0.37% from the previous closing price of $14.78. The stock has traded between $14.65 and $14.80 so far today. Volume today is low. So far 6,619,388 shares have traded compared to average volume of 29,007,349 shares. Click Here to get the full Stock Report for American Airlines Group Inc stock.

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