Jefferies analyst Sheila Kahyaoglu maintains $American Airlines (AAL.US)$ with a hold rating, and maintains the target price at $11.
According to TipRanks data, the analyst has a success rate of 62.7% and a total average return of 11.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $American Airlines (AAL.US)$'s main analysts recently are as follows:
The anticipation of an upturn in domestic unit revenue was realized in September, which transitioned from a recurring discussion point to being reflected in the guidance enhancements of several carriers. Nonetheless, the stocks and general sentiment continue to exhibit more volatility than the underlying earnings.
Expectations for American Airlines' third and fourth-quarter results are considered low, and there is anticipation that the actual results and guidance will surpass these. Long-term challenges persist regarding network and product offerings, and questions remain about management's ability to narrow the performance gap with industry counterparts.
September could mark the transition towards regular operations for airlines, with a slight rationalization in U.S. domestic schedules potentially leading to raised Q3 revenue per available seat mile (RASM). This development is anticipated to pave the way for U.S. airlines to experience sequential progress in the fourth quarter and continuing into 2025.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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