International Consolidated Airlines Receives “Buy” Rating from Goodbody Stockbrokers Ltd (IAG)
International Consolidated Airlines (LON:IAG)‘s stock had its “buy” rating reaffirmed by stock analysts at Goodbody Stockbrokers Ltd in a report issued on Thursday, Stock Ratings Network.com reports. They currently have a GBX 360 ($5.63) target price on the stock. Goodbody Stockbrokers Ltd’s price objective suggests a potential upside of 15.35% from the company’s current price.
A number of other analysts have also recently weighed in on IAG. Analysts at Numis Securities Ltd downgraded shares of International Consolidated Airlines (LON:IAG) to a “hold” rating in a research note to investors on Wednesday. They now have a GBX 690 ($10.79) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of International Consolidated Airlines (LON:IAG) in a research note to investors on Monday. They now have a GBX 360 ($5.63) price target on the stock. Finally, analysts at Seymour Pierce raised their price target on shares of International Consolidated Airlines (LON:IAG) from GBX 290 ($4.53) to GBX 360 ($5.63) in a research note to investors on Friday, September 6th. They now have a “buy” rating on the stock.
Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty have given a buy rating to the company. International Consolidated Airlines currently has a consensus rating of “Hold” and an average target price of GBX 460.85 ($7.21).
International Consolidated Airlines (LON:IAG) traded up 0.96% on Thursday, hitting GBX 315.10. 4,514,103 shares of the company’s stock traded hands. The stock has a 50-day moving average of GBX 304.5 and a 200-day moving average of GBX 273.9.
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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