International Consolidated Airlines Receives “Hold” Rating from Cantor Fitzgerald Europe (IAG)
International Consolidated Airlines (LON:IAG)‘s stock had its “hold” rating reiterated by equities researchers at Cantor Fitzgerald Europe in a research report issued on Tuesday, American Banking News.com reports. They currently have a GBX 360 ($5.91) target price on the stock. Cantor Fitzgerald Europe’s target price would indicate a potential downside of 16.55% from the stock’s previous close.
Shares of International Consolidated Airlines (LON:IAG) traded up 1.32% on Tuesday, hitting GBX 431.40. 7,985,171 shares of the company’s stock traded hands. International Consolidated Airlines has a 52-week low of GBX 206.50 and a 52-week high of GBX 443.00. The stock’s 50-day moving average is GBX 398.8 and its 200-day moving average is GBX 344.4.
Other equities research analysts have also recently issued reports about the stock. 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 presently has an average rating of “Hold” and an average target price of GBX 524.74 ($8.61).
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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