Credit Suisse Reiterates “Outperform” Rating for International Consolidated Airlines (IAG)
International Consolidated Airlines (LON:IAG)‘s stock had its “outperform” rating reaffirmed by analysts at Credit Suisse in a research report issued to clients and investors on Wednesday, Analyst Ratings News reports. They currently have a GBX 443 ($7.27) price target on the stock. Credit Suisse’s price objective would indicate a potential upside of 2.05% from the stock’s previous close.
International Consolidated Airlines (LON:IAG) traded up 1.38% during mid-day trading on Wednesday, hitting GBX 434.10. The stock had a trading volume of 10,785,154 shares. International Consolidated Airlines has a 52 week low of GBX 190.50 and a 52 week high of GBX 416.40. The stock has a 50-day moving average of GBX 381.5 and a 200-day moving average of GBX 333.2.
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 in a research note to investors on Thursday, January 2nd. They now have a GBX 430 ($7.05) price target on the stock. Finally, analysts at Liberum Capital initiated coverage on shares of International Consolidated Airlines in a research note to investors on Monday, December 16th. They set a “buy” rating and a GBX 450 ($7.38) price target on the stock. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twenty-two have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 503.03 ($8.25).
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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