International Consolidated Airlines Rating Reiterated by AlphaValue (IAG)
International Consolidated Airlines (LON:IAG)‘s stock had its “sell” rating reiterated by investment analysts at AlphaValue in a note issued to investors on Thursday, American Banking News.com reports. They currently have a GBX 220.55 ($3.54) target price on the stock. AlphaValue’s target price suggests a potential downside of 32.49% from the stock’s previous close.
Shares of International Consolidated Airlines (LON:IAG) opened at 337.80 on Thursday. International Consolidated Airlines has a 1-year low of GBX 153.70 and a 1-year high of GBX 350.10. The stock’s 50-day moving average is GBX 317.5 and its 200-day moving average is GBX 284..
A number of other firms have also recently commented on IAG. Analysts at Macquarie reiterated an “outperform” rating on shares of International Consolidated Airlines in a research note to investors on Friday, October 4th. They now have a GBX 400 ($6.42) price target on the stock. Separately, analysts at Natixis reiterated a “neutral” rating on shares of International Consolidated Airlines in a research note to investors on Thursday, October 3rd. They now have a GBX 300 ($4.81) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of International Consolidated Airlines in a research note to investors on Thursday, October 3rd. They now have a GBX 345 ($5.54) price target on the stock. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-one have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 476.89 ($7.65).
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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