International Consolidated Airlines Price Target Increased to GBX 474 by Analysts at Nomura (IAG)
Nomura raised their price target on shares of International Consolidated Airlines (LON:IAG) from GBX 380 ($6.24) to GBX 474 ($7.78) in a research note issued on Tuesday, AnalystRatings.Net reports. The firm currently has a “buy” rating on the stock. Nomura’s price objective suggests a potential upside of 8.47% from the company’s current price.
Shares of International Consolidated Airlines (LON:IAG) traded up 1.30% during mid-day trading on Tuesday, hitting GBX 437.00. The stock had a trading volume of 4,763,748 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 400. and a 200-day moving average of GBX 345.6.
A number of other analysts have also recently weighed in on IAG. 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. Separately, 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. Finally, analysts at Barclays raised their price target on shares of International Consolidated Airlines from GBX 300 ($4.92) to GBX 500 ($8.21) in a research note to investors on Wednesday, January 15th. They now have an “overweight” rating on the stock. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and twenty have issued a buy rating to the stock. International Consolidated Airlines currently has a consensus rating of “Hold” and a consensus target price of GBX 524.74 ($8.61).
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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