International Consolidated Airlines Grp’s Outperform Rating Reaffirmed at Credit Suisse (IAG)
International Consolidated Airlines Grp (LON:IAG)‘s stock had its “outperform” rating reissued by equities research analysts at Credit Suisse in a research note issued to investors on Wednesday. They currently have a GBX 587 ($9.74) price objective on the stock. Credit Suisse’s target price points to a potential upside of 60.95% from the stock’s previous close.
A number of other firms have also recently commented on IAG. Analysts at Deutsche Bank reiterated a “buy” rating on shares of International Consolidated Airlines Grp in a research note on Tuesday. They now have a GBX 470 ($7.80) price target on the stock. Separately, 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. Finally, 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. One analyst has rated the stock with a sell rating, four have given a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 525.64 ($8.72).
International Consolidated Airlines Grp (LON:IAG) traded up 1.73% during mid-day trading on Wednesday, hitting GBX 371.00. 6,168,780 shares of the company’s stock traded hands. International Consolidated Airlines Grp has a one year low of GBX 278.80 and a one year 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 £7.752 billion.
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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