International Consolidated Airlines Grp Rating Reiterated by Deutsche Bank (IAG)
International Consolidated Airlines Grp (LON:IAG)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank in a report released on Monday. They currently have a GBX 506 ($8.48) price objective on the stock. Deutsche Bank’s price target would suggest a potential upside of 26.08% from the company’s current price.
Shares of International Consolidated Airlines Grp (LON:IAG) traded up 1.96% during mid-day trading on Monday, hitting GBX 401.32. The stock had a trading volume of 5,916,413 shares. International Consolidated Airlines Grp has a 1-year low of GBX 248.60 and a 1-year high of GBX 493.00. The stock’s 50-day moving average is GBX 393.4 and its 200-day moving average is GBX 406.9.
Several other analysts have also recently commented on the stock. Analysts at Natixis reiterated a “neutral” rating on shares of International Consolidated Airlines Grp in a research note on Monday, May 12th. They now have a GBX 430 ($7.21) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of International Consolidated Airlines Grp in a research note on Monday, May 12th. They now have a GBX 587 ($9.84) price target on the stock. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of International Consolidated Airlines Grp in a research note on Friday, May 9th. They now have a GBX 460 ($7.71) price target on the stock. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 506.65 ($8.49).
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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