International Consolidated Airlines Grp Receives “Buy” Rating from Deutsche Bank (IAG)
International Consolidated Airlines Grp (LON:IAG)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Tuesday. They currently have a GBX 470 ($7.80) price target on the stock. Deutsche Bank’s price objective points to a potential upside of 28.87% from the stock’s previous close.
International Consolidated Airlines Grp (LON:IAG) traded up 1.14% on Tuesday, hitting GBX 364.70. 7,885,351 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 338.0 and its 200-day moving average is GBX 387.4. The company’s market cap is £7.620 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of International Consolidated Airlines Grp in a research note on Thursday, August 28th. They now have a GBX 480 ($7.97) price target on the stock. Separately, analysts at AlphaValue downgraded shares of International Consolidated Airlines Grp to a “sell” rating in a research note on Wednesday, August 27th. They now have a GBX 306.97 ($5.09) price target on the stock. Finally, 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 ($8.30) price target on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the stock. International Consolidated Airlines Grp presently has an average rating of “Buy” and a consensus price target of GBX 525.64 ($8.72).
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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