RBC Capital Reiterates “Outperform” Rating for International Consolidated Airlines Grp (IAG)
International Consolidated Airlines Grp (LON:IAG)‘s stock had its “outperform” rating restated by equities researchers at RBC Capital in a research report issued on Tuesday. They currently have a GBX 400 ($6.73) price target on the stock. RBC Capital’s price objective would suggest a potential upside of 25.98% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Natixis upgraded shares of International Consolidated Airlines Grp to a “buy” rating in a research note on Monday. They now have a GBX 430 ($7.24) 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. They now have a GBX 587 ($9.88) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “hold” rating on shares of International Consolidated Airlines Grp in a research note on Friday. They now have a GBX 470 ($7.91) price target on the stock. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the stock. International Consolidated Airlines Grp has an average rating of “Buy” and an average target price of GBX 513.81 ($8.65).
International Consolidated Airlines Grp (LON:IAG) traded down 2.91% on Tuesday, hitting GBX 317.50. 14,768,037 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 has a 50-day moving average of GBX 351.6 and a 200-day moving average of GBX 398.3. The company’s market cap is £6.634 billion.
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.