Barclays Sticks to Its Sell Rating for American Airlines (AAL)

Barclays analyst Brandon Oglenski maintained a Sell rating on American Airlines (AAL – Research Report) today and set a price target of $14.00. The company’s shares closed yesterday at $14.13.

According to TipRanks, Oglenski is a 5-star analyst with an average return of 6.9% and a 52.73% success rate. Oglenski covers the Industrials sector, focusing on stocks such as Norfolk Southern, FedEx, and Old Dominion Freight.

In addition to Barclays, American Airlines also received a Sell from Bank of America Securities’s Andrew Didora in a report issued on April 12. However, yesterday, Bernstein maintained a Buy rating on American Airlines (NASDAQ: AAL).

The company has a one-year high of $19.08 and a one-year low of $10.86. Currently, American Airlines has an average volume of 31.64M.

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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.