Morgan Stanley analyst Ravi Shanker maintains $American Airlines (AAL.US)$ with a buy rating, and maintains the target price at $18.
According to TipRanks data, the analyst has a success rate of 49.9% and a total average return of -1.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $American Airlines (AAL.US)$'s main analysts recently are as follows:
Observations indicate that a September uptick in domestic unit revenue has materialized, transitioning from a largely discussed theory into actual guidance enhancements by numerous carriers. Despite this, it is noted that stock and investor sentiment continue to exhibit greater volatility than the underlying earnings.
The expectations for American Airlines' third and fourth quarter outcomes are modest, and it is anticipated that the actual results and guidance will surpass them. Despite this, there are ongoing concerns regarding enduring challenges related to the airline's network and product, as well as the management's ability to bridge the performance differential with competitors.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
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.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
