International Consolidated Airlines Grp Given Consensus Rating of “Buy” by Analysts (LON:IAG)
International Consolidated Airlines Grp (LON:IAG) has received an average recommendation of “Buy” from the twenty-eight analysts that are presently covering the company, American Banking & Market News reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, twenty-one have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 513.47 ($8.61).
Shares of International Consolidated Airlines Grp (LON:IAG) traded up 4.26% on Monday, hitting GBX 330.60. 4,704,755 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 346.7 and its 200-day moving average is GBX 396.5. The company’s market cap is £6.908 billion.
A number of analysts have recently weighed in on IAG shares. Analysts at Barclays reiterated an “overweight” rating on shares of International Consolidated Airlines Grp in a research note on Monday. They now have a GBX 500 ($8.39) price target on the stock. Separately, analysts at Ahorro Corporacion Financiera SA reiterated a “buy” rating on shares of International Consolidated Airlines Grp in a research note on Wednesday, August 6th. They now have a GBX 444.06 ($7.45) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of International Consolidated Airlines Grp in a research note on Tuesday, August 5th. They now have a GBX 400 ($6.71) price target on the stock.
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.