International Consolidated Airlines Stock Rating Reaffirmed by HSBC (IAG)
International Consolidated Airlines (LON:IAG)‘s stock had its “overweight” rating reaffirmed by analysts at HSBC in a research report issued to clients and investors on Monday, American Banking News reports. They currently have a GBX 405 ($6.53) target price on the stock. HSBC’s price target would indicate a potential upside of 20.07% from the company’s current price.
International Consolidated Airlines (LON:IAG) opened at 335.10 on Monday. International Consolidated Airlines has a 1-year low of GBX 149.00 and a 1-year high of GBX 343.70. The stock has a 50-day moving average of GBX 310.7 and a 200-day moving average of GBX 277.8.
A number of other firms have also recently commented on IAG. Analysts at Deutsche Bank reiterated a “buy” rating on shares of International Consolidated Airlines (LON:IAG) in a research note to investors on Friday. They now have a GBX 360 ($5.81) price target on the stock. Separately, analysts at AlphaValue reiterated a “sell” rating on shares of International Consolidated Airlines (LON:IAG) in a research note to investors on Thursday. They now have a GBX 218.71 ($3.53) price target on the stock. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 467.48 ($7.54).
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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