Market Overview

Why American Airlines Is Trading Lower Today

Share:
Why American Airlines Is Trading Lower Today

American Airlines (NASDAQ: AAL) shares are trading lower on Wednesday after Berenberg downgraded the stock from Hold to Sell and lowered the price target from $14 to $10 per share.

American Airlines is the world's largest airline by scheduled revenue passenger miles. The firm's major hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.

American Airlines's stock traded down 1.83% to $12.86 per share on Wednesday. The stock has a 52-week high of $31.67 and a 52-week low of $8.25.

Latest Ratings for AAL

DateFirmActionFromTo
Oct 2020SusquehannaDowngradesNeutralNegative
Sep 2020BerenbergDowngradesHoldSell
Jul 2020Raymond JamesUpgradesUnderperformMarket Perform

View More Analyst Ratings for AAL
View the Latest Analyst Ratings

 

Related Articles (AAL)

View Comments and Join the Discussion!

Posted-In: why it's movingDowngrades Analyst Ratings

Latest Ratings

StockFirmActionPT
FBJP MorganMaintains315.0
AMDCitigroupMaintains13.0
RPTXNorthland Capital MarketsInitiates Coverage On
PCSACraig-HallumInitiates Coverage On12.0
ENPHCraig-HallumDowngrades105.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com