Barclays analyst Brandon Oglenski maintains $American Airlines (AAL.US)$ with a sell rating, and maintains the target price at $10.
According to TipRanks data, the analyst has a success rate of 54.8% and a total average return of 8.3% 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 analyst expresses comfort with forecasts at the higher end of expectations for airlines, citing the potential for growth in American Airlines' corporate business and new credit card economics. The stance on the company's outlook is influenced by considerations of valuation and net leverage.
The outlook on fundamentals for American Airlines is viewed as having reached a low point. Post-earnings, the overarching investment narrative for the company is perceived to remain unchanged.
American Airlines' September quarter results surpassed expectations, with previous revenue headwinds now shifting to assist forward momentum. The reversal from the company's prior strategy is anticipated to propel revenue growth into the year-end and continue 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.
