Jefferies analyst, Sheila Kahyaoglu initiates American Airlines with a underperform rating on the stock. The analyst’s Underperform rating is based on the company’s high leverage ratio compared to it’s industry peers. Kahyaoglu does insist that despite the leverage concerns the company is the best suited to excel under a economic recovery situation basing that metric on it’s young aircraft fleet and it’s exposure to international markets as and additional revenue driver.
STA Research has a average target of $14 on the stock, and a consensus Underperform rating. The technical indicator is currently Neutral.
