International Consolidated Airlines Receives “Hold” Rating from Cantor Fitzgerald Europe (IAG)
International Consolidated Airlines (LON:IAG)‘s stock had its “hold” rating restated by stock analysts at Cantor Fitzgerald Europe in a report issued on Tuesday, ARN reports. They currently have a GBX 360 ($5.91) price target on the stock. Cantor Fitzgerald Europe’s price objective would indicate a potential downside of 15.45% from the company’s current price.
A number of other analysts have also recently weighed in on IAG. Analysts at Nomura raised their price target on shares of International Consolidated Airlines from GBX 380 ($6.24) to GBX 474 ($7.78) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at NMAS 1 Agencia de Valores reiterated a “buy” rating on shares of International Consolidated Airlines in a research note to investors on Monday. They now have a GBX 502.84 ($8.25) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of International Consolidated Airlines in a research note to investors on Monday. They now have a GBX 430 ($7.06) price target on the stock. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and twenty have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 524.74 ($8.61).
International Consolidated Airlines (LON:IAG) traded up 1.32% during mid-day trading on Tuesday, hitting GBX 431.40. The stock had a trading volume of 5,903,504 shares. International Consolidated Airlines has a one year low of GBX 206.50 and a one year high of GBX 443.00. The stock has a 50-day moving average of GBX 397. and a 200-day moving average of GBX 343.3.
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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