International Consolidated Airlines’s Buy Rating Reaffirmed at Nomura (IAG)
International Consolidated Airlines (LON:IAG)‘s stock had its “buy” rating restated by Nomura in a research note issued on Monday, Analyst Ratings.Net reports. They currently have a GBX 335 ($5.42) target price on the stock. Nomura’s target price suggests a potential downside of 5.34% from the company’s current price.
A number of other analysts have also recently weighed in on IAG. Analysts at Deutsche Bank reiterated a “buy” rating on shares of International Consolidated Airlines in a research note to investors on Friday, October 25th. They now have a GBX 360 ($5.82) price target on the stock. Separately, 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. Finally, analysts at Cantor Fitzgerald downgraded shares of International Consolidated Airlines from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, October 22nd. They now have a GBX 360 ($5.82) price target on the stock. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and twenty have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of GBX 479.48 ($7.76).
International Consolidated Airlines (LON:IAG) traded up 0.74% during mid-day trading on Monday, hitting GBX 353.90. 4,618,943 shares of the company’s stock traded hands. International Consolidated Airlines has a 1-year low of GBX 158.30 and a 1-year high of GBX 369.00. The stock’s 50-day moving average is GBX 341.9 and its 200-day moving average is GBX 297.5.
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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