Deutsche Bank Reiterates Buy Rating for International Consolidated Airlines (IAG)
International Consolidated Airlines (LON:IAG)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank in a report released on Wednesday, American Banking News.com reports. They currently have a GBX 430 ($7.05) target price on the stock.
Shares of International Consolidated Airlines (LON:IAG) traded up 0.19% during mid-day trading on Wednesday, hitting GBX 428.90. The stock had a trading volume of 2,197,053 shares. International Consolidated Airlines has a 1-year low of GBX 214.50 and a 1-year high of GBX 443.00. The stock’s 50-day moving average is GBX 416.8 and its 200-day moving average is GBX 359..
A number of other firms have also recently commented on IAG. Analysts at BPI reiterated a “strong-buy” rating on shares of International Consolidated Airlines in a research note on Wednesday, February 5th. They now have a GBX 519.07 ($8.52) price target on the stock. Separately, analysts at Credit Suisse raised their price target on shares of International Consolidated Airlines from GBX 443 ($7.27) to GBX 546 ($8.96) in a research note on Tuesday, February 4th. They now have an “outperform” rating on the stock. Finally, analysts at BBVA reiterated an “outperform” rating on shares of International Consolidated Airlines in a research note on Wednesday, January 29th. They now have a GBX 445.17 ($7.30) price target on the stock. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of GBX 524.78 ($8.61).
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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