International Consolidated Airlines Grp’s “Buy” Rating Reaffirmed at Deutsche Bank (IAG)
International Consolidated Airlines Grp (LON:IAG)‘s stock had its “buy” rating reiterated by Deutsche Bank in a research note issued on Friday. They currently have a GBX 470 ($7.98) price objective on the stock. Deutsche Bank’s price target points to a potential upside of 38.97% from the company’s current price.
International Consolidated Airlines Grp (LON:IAG) traded up 2.24% during mid-day trading on Friday, hitting GBX 338.20. 17,871,392 shares of the company’s stock traded hands. International Consolidated Airlines Grp has a 52-week low of GBX 278.80 and a 52-week high of GBX 493.00. The stock’s 50-day moving average is GBX 355.0 and its 200-day moving average is GBX 400.4. The company’s market cap is £6.691 billion.
A number of other analysts have also recently weighed in on IAG. Analysts at Credit Suisse reiterated an “outperform” rating on shares of International Consolidated Airlines Grp in a research note on Friday, July 18th. They now have a GBX 587 ($9.97) price target on the stock. Separately, analysts at RBC Capital cut their price target on shares of International Consolidated Airlines Grp from GBX 460 ($7.81) to GBX 400 ($6.79) in a research note on Wednesday, July 16th. They now have a “neutral” rating on the stock. Finally, analysts at Jefferies Group cut their price target on shares of International Consolidated Airlines Grp from GBX 510 ($8.66) to GBX 480 ($8.15) in a research note on Friday, July 11th. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 513.81 ($8.72).
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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