Citigroup Maintains Neutral Rating for American Airlines Group: Here's What You Need To Know

Citigroup has decided to maintain its Neutral rating of American Airlines Group AAL and lower its price target from $16.60 to $15.25.

Shares of American Airlines Group are trading down 1.43% over the last 24 hours, at $13.12 per share.

A move to $15.25 would account for a 16.23% increase from the current share price.

About American Airlines Group

American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major U.S. hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of U.S. airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.