Jefferies analyst Sheila Kahyaoglu maintains $American Airlines (AAL.US)$ with a hold rating, and maintains the target price at $11.
According to TipRanks data, the analyst has a success rate of 62.7% and a total average return of 11.1% over the past year.
Furthermore,accordingtothecomprehensivereport,theopinionsof$American Airlines (AAL.US)$'s main analysts recently are as follows:
The firm is revising estimates across its airline coverage in anticipation of Q3 reports, observing that a September increase in domestic unit revenue has occurred. This shift in revenue is described as a transformation from a long-standing narrative to actual guidance upgrades from multiple carriers. Nonetheless, it's been noted that the volatility of stocks and market sentiment continues to exceed the fluctuations in underlying earnings.
Expectations for American Airlines' results and guidance for the third and fourth quarters are notably modest, and it is anticipated that both will exceed these forecasts. However, there remain concerns regarding enduring challenges related to the network and product offerings, and the extent to which the company's leadership can bridge the performance gap with its competitors.
The anticipation is that September could serve as the pivotal moment for the restoration of normalcy within the airline sector, with domestic schedules in the U.S. being rationalized slightly, which could contribute to an uptick in Q3 revenue per available seat mile (RASM). This adjustment is expected to pave the way for the U.S. airlines to experience a step-by-step advancement in the fourth quarter and continuing into 2025.
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.
發(fā)表評(píng)論