International Consolidated Airlines Grp Stock Rating Reaffirmed by Jefferies Group (IAG)
International Consolidated Airlines Grp (LON:IAG)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group in a report issued on Thursday. They currently have a GBX 480 ($7.94) price objective on the stock. Jefferies Group’s price target would indicate a potential upside of 32.01% from the company’s current price.
Shares of International Consolidated Airlines Grp (LON:IAG) traded down 1.02% on Thursday, hitting GBX 359.90. 6,533,383 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 335.6 and its 200-day moving average is GBX 389.1. The company’s market cap is £7.520 billion.
A number of other firms have also recently commented on IAG. Analysts at AlphaValue downgraded shares of International Consolidated Airlines Grp to a “sell” rating in a research note on Wednesday. They now have a GBX 306.97 ($5.08) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of International Consolidated Airlines Grp in a research note on Monday, August 11th. They now have a GBX 500 ($8.27) price target on the stock. Finally, 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 ($7.35) price target on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 525.64 ($8.70).
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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