International Consolidated Airlns Grp SA (LON:IAG)‘s stock had its “reduce” rating restated by research analysts at HSBC Holdings plc in a report issued on Thursday. They presently have a GBX 550 ($7.31) target price on the stock. HSBC Holdings plc’s target price suggests a potential downside of 16.35% from the stock’s previous close.

Several other analysts also recently issued reports on IAG. UBS AG set a GBX 630 ($8.37) price objective on International Consolidated Airlns Grp SA and gave the stock a “buy” rating in a research note on Thursday, June 29th. Morgan Stanley reaffirmed a “buy” rating on shares of International Consolidated Airlns Grp SA in a research note on Thursday, August 10th. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 680 ($9.04) price objective on shares of International Consolidated Airlns Grp SA in a research note on Thursday, August 10th. Liberum Capital reissued a “buy” rating and set a GBX 875 ($11.63) target price on shares of International Consolidated Airlns Grp SA in a research report on Thursday, August 17th. Finally, Davy Research downgraded International Consolidated Airlns Grp SA to a “neutral” rating in a research report on Tuesday, August 22nd. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 544.45 ($7.23).

Shares of International Consolidated Airlns Grp SA (LON IAG) traded up 1.00% during midday trading on Thursday, reaching GBX 657.50. 7,695,942 shares of the company’s stock traded hands. International Consolidated Airlns Grp SA has a 52-week low of GBX 358.26 and a 52-week high of GBX 663.50. The stock’s market cap is GBX 13.88 billion. The stock has a 50-day moving average price of GBX 608.18 and a 200-day moving average price of GBX 596.72.

ILLEGAL ACTIVITY WARNING: This report was first reported by American Banking News and is the sole property of of American Banking News. If you are accessing this report on another site, it was stolen and reposted in violation of international copyright & trademark law. The original version of this report can be read at https://www.americanbankingnews.com/2017/10/22/international-consolidated-airlns-grp-sas-iag-reduce-rating-reaffirmed-at-hsbc-holdings-plc.html.

International Consolidated Airlns Grp SA Company Profile

International Consolidated Airlines Group, SA is an airline company that holds the interests in airline and ancillary operations. Its segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. It combines the airlines in the United Kingdom, Spain and Ireland. It has approximately 550 aircrafts to over 280 destinations.

Analyst Recommendations for International Consolidated Airlns Grp SA (LON:IAG)

Receive News & Ratings for International Consolidated Airlns Grp SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Consolidated Airlns Grp SA and related companies with MarketBeat.com's FREE daily email newsletter.