The shares of American Airlines Group Inc. (NASDAQ:AAL) has been pegged with a rating of Outperform by Cowen in its latest research note that was published on April 9th, 2019. The research company has also assigned a $42 price target. Cowen wasnâ€™t the only research firm that published a report of American Airlines Group Inc., with other equities research analysts also giving their opinion on the stock. BofA/Merrill advised investors in its research note published on April 4th, 2019, to Buy the AAL stock while also putting a $39 price target. The stock had earned Outperform rating from Imperial Capital when it published its report on March 15th, 2019. That day the Imperial Capital set price target on the stock to $43. The stock was given Hold rating by Argus in its report released on February 8th, 2019. Vertical Research was of a view that AAL is Hold in its latest report on February 4th, 2019. Imperial Capital thinks that AAL is worth Outperform rating. This was contained in the firmâ€™s report on January 25th, 2019 in which the stockâ€™s price target was also moved to $46.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 8 believe it has the potential for further growth, thus rating it as Hold while 5 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $44.50. The price of the stock the last time has raised by 18.12% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 56.08.
The shares of the company added by 0.83% during the trading session on Tuesday, reaching a low of $33.59 while ending the day at $34.03. During the trading session, a total of 4.49 million shares were traded which represents a 42.13% incline from the average session volume which is 7.75M shares. AAL had ended its last session trading at 33.75. American Airlines Group Inc. currently has a market cap of $15.22B, while its P/E ratio stands at 11.21, while its P/E earnings growth sits at 0.34, with a beta of 1.53. AAL 52-week low price stands at $28.81 while its 52-week high price is $48.38.
The company in its last quarterly report recorded $1.04 earnings per share which is above the $1.01 predicted by most analysts. The American Airlines Group Inc. generated $10,938.00 million in revenue during the last quarter, which is slightly lower than the $10,947.70 million predicted by analysts. In the second quarter last year, the firm recorded $1.13 earnings per share. Compared to the same quarter last year, the firmâ€™s revenue was down by -8.65%. American Airlines Group Inc. has the potential to record 3.04 EPS for the current fiscal year, according to equities analysts.
Investment analysts at JP Morgan published a research note on January 14th, 2019 where it informed investors and clients that Arconic Inc. (NYSE:ARNC) is now rated as Neutral. BofA/Merrill also rated ARNC as Reiterated on April 4th, 2019, with its price target of $39 suggesting that ARNC could surge by 4.39% from its current share price. Even though the stock has been trading at $20.55/share, analysts expect it to surge higher by 0.63% to reach $21.63/share. It started the day trading at $20.84 and traded between $20.56 and $20.68 throughout the trading session.
A look at its technical shows that ARNCâ€™s 50-day SMA is 18.89 while its 200-day SMA stands at 19.95. The stock has a high of $24.07 for the year while the low is $15.63. The companyâ€™s P/E ratio currently sits at 14.89, while the P/B ratio is 1.81. At the moment, only of Arconic Inc. shares were sold short. The companyâ€™s average trading volume currently stands at 5.72M shares, which means that the short-interest ratio is just 5.30 days. Over the past seven days, the company moved, with its shift of 3.40%. Looking further, the stock has raised 3.04% over the past 90 days while it lost -4.30% over the last six months.
The Vanguard Group Inc meanwhile bought more ARNC shares in the recently filed quarter, changing its stake to $860,296,483 worth of shares. Orbis Investment Management Ltd followed the path by decreasing its ARNC portfolio by -16.70% in the quarter. This means that Orbis Investment Management Ltd sold -5,708,769 shares in the last quarter and now controls 28,466,444 shares of the ARNC stock, with the valuation hitting $543,993,745.
Similarly, First Pacific Advisors LLC decreased its Arconic Inc. shares by -0.36% during the recently filed quarter. After selling -94,501 shares in the last quarter, the firm now controls 26,188,451 shares of Arconic Inc. which are valued at $500,461,299. In the same vein, SSgA Funds Management Inc decreased its Arconic Inc. shares by during the most recent reported quarter. The firm sold -326,938 shares during the quarter which decreased its stakes to 21,841,144 shares and is now valued at $417,384,262. Following these latest developments, around 0.20% of Arconic Inc. stocks are owned by institutional investors and hedge funds.