American Airlines (AAL) Receives a Sell from Bank of America Securities

In a report released today, Andrew Didora from Bank of America Securities maintained a Sell rating on American Airlines (AAL – Research Report). The company’s shares opened today at $13.27.

According to TipRanks, Didora is an analyst with an average return of -7.0% and a 52.80% success rate. Didora covers the Industrials sector, focusing on stocks such as American Airlines, Southwest Airlines, and Spirit Airlines.

Currently, the analyst consensus on American Airlines is a Moderate Buy with an average price target of $18.62, a 40.32% upside from current levels. In a report released on April 5, Barclays also maintained a Sell rating on the stock with a $14.00 price target.

AAL market cap is currently $8.92B and has a P/E ratio of 12.52.

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American Airlines (AAL) Company Description:

AMR Corp. provides scheduled passenger, freight and mail services. The company provides services through its wholly owned subsidiaries which include American Airlines, Inc., and AMR Eagle Holding Corporation. The American Airlines, Inc. provides scheduled jet service to various destinations throughout North America, the Caribbean, Latin America, Europe and Asia. AMR Eagle Holding Corporation owns two regional airlines which do business as ‘American Eagle’ which include American Eagle Airlines, Inc. and Executive Airlines, Inc. which in turn collectively known as the American Eagle carriers. It also contracts with independently owned regional airlines, which does business as AmericanConnection. The company was founded in October 1982 and is headquartered in Fort Worth, TX.