International Consolidated Airlines Receives “Outperform” Rating from Credit Suisse (IAG)
International Consolidated Airlines (LON:IAG)‘s stock had its “outperform” rating reiterated by investment analysts at Credit Suisse in a note issued to investors on Tuesday, Stock Ratings Network reports. They currently have a GBX 345 ($5.58) target price on the stock. Credit Suisse’s price target points to a potential downside of 0.17% from the company’s current price.
International Consolidated Airlines (LON:IAG) traded up 0.51% on Tuesday, hitting GBX 351.50. The stock had a trading volume of 3,565,756 shares. International Consolidated Airlines has a 52-week low of GBX 157.50 and a 52-week high of GBX 369.00. The stock’s 50-day moving average is GBX 326.2 and its 200-day moving average is GBX 289..
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “buy” rating on shares of International Consolidated Airlines in a research note to investors on Monday. They now have a GBX 335 ($5.42) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of International Consolidated Airlines in a research note to investors on Friday. They now have a GBX 360 ($5.82) price target on the stock. Finally, analysts at RBC Capital raised their price target on shares of International Consolidated Airlines from GBX 360 ($5.82) to GBX 400 ($6.47) in a research note to investors on Wednesday, October 23rd. They now have an “outperform” rating on the stock. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and twenty have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of GBX 479.48 ($7.76).
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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