Why American Airlines' Share Buybacks Are Slowing Down
During 2015 and 2016, American Airlines (NASDAQ: AAL) set itself apart from its peers in the airline industry by repurchasing an enormous amount of stock. As a result, the company has reduced its share count by a stunning 37% since the middle of 2014.
However, American's share repurchase activity has declined to a more moderate level during 2017. Furthermore, while American Airlines is on track to post stronger free cash flow in 2018, the company may need to reduce its buyback activity even further in the coming year.
Source: Fool.com
American Airlines Group Inc. Stock
€9.52
-2.430%
Currently there is a rather positive sentiment for American Airlines Group Inc. with 14 Buy predictions and 3 Sell predictions.
As a result the target price of 18 € shows a very positive potential of 89.02% compared to the current price of 9.52 € for American Airlines Group Inc..
