International Consolidated Airlines Receives Hold Rating from Cantor Fitzgerald Europe (IAG)
International Consolidated Airlines (LON:IAG)‘s stock had its “hold” rating reaffirmed by equities researchers at Cantor Fitzgerald Europe in a research report issued on Tuesday, Analyst Ratings.Net reports. They currently have a GBX 360 ($5.91) price objective on the stock. Cantor Fitzgerald Europe’s price objective would suggest a potential downside of 15.45% from the company’s current price.
Shares of International Consolidated Airlines (LON:IAG) opened at 428.50 on Tuesday. 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 395.5 and a 200-day moving average of GBX 341.1.
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 investment analysts have rated the stock with a sell rating, twelve have given a hold rating and twenty have issued a buy rating to the company. International Consolidated Airlines currently 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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