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American Airlines lowers plans for U.S. capacity growth

The average 12-month target price among brokers that have issued ratings on the stock in the past year is $56.29.

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Domestic passenger traffic in LATAM Airlines Group’s Spanish speaking operations (Chile, Argentina, Peru, Ecuador and Colombia) rose 5.4%, while capacity increased by 2.5%. (NASDAQ:AAL) which led to swings in the share price. American also lowered its forecast for US..

How American Airlines Group Inc. tops analyst’s views after bullish guidance? With the volume soaring to 11,191,441 shares, the last trade was called at $39.31.

American Airlines Group Inc on Friday discounted its plans for capacity growth among the United States, looking to hear investors’ demands to effectively gradual its development based on weaker-than-expected journey insist.

Wall Street analysts projecting future stock price targets have a mean estimate of $59.291. According to the information available, the shares are now rated Equal-weight by the analysts at the agency. They fell 26 percent this year through Thursday.

The company shares have dropped 2.67% in the past 52 Weeks. The stock has a 50-day moving average of $41.25 and a 200-day moving average of $48.03. It spent around $2.8 billion for fuel in second quarter 2014. The 1-year stock price history is in the range of $28.1 – $56.2. During the same quarter in the prior year, the company posted $0.50 earnings per share. For the first half of 2015, revenue is predicted to be $2.9M, reflecting significant growth of approximately 60% over the same period in 2014. Morgan Stanley decreased price target from $49 to $49.

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There are now seventeen analysts that cover American Airlines Group Inc stock. (American). As of December 31, 2011, American provided scheduled jet service to approximately 160 destinations throughout North America, the Caribbean, Latin America, Europe and Asia. The Company’s principal subsidiary is American Airlines, Inc. AMR Eagle Holding Corporation (AMR Eagle), a wholly owned subsidiary of the Company, owns two regional airlines, which do business as American Eagle-American Eagle Airlines, Inc. and Executive Airlines, Inc.

American Airlines lowers plans for U.S. capacity growth