BofA Securities analyst Andrew Didora maintains $American Airlines (AAL.US)$ with a sell rating.
According to TipRanks data, the analyst has a success rate of 56.0% and a total average return of -3.4% 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 forecast for American Airlines suggests a positive outlook towards the upper end of the range, with potential growth opportunities stemming from the restoration of the company's corporate business and new credit card economics. However, concerns regarding valuation and net leverage are influential factors in the cautious perspective on the company's stock.
The firm holds the perspective that American Airlines' fundamentals have reached their lowest point. Post-earnings, the overarching investment narrative for the company remains unchanged.
American Airlines' September quarterly outcomes surpassed expectations, with previous revenue challenges shifting to advantages. The analyst believes that the company's departure from its former strategy is expected to generate revenue benefits towards the end of the year and thereafter.
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.
