Insider Buying: International Consolidated Airlns Grp SA (IAG) Insider Acquires 1,495 Shares of Stock

International Consolidated Airlns Grp SA (LON:IAG) insider Nicola Shaw acquired 1,495 shares of the stock in a transaction on Tuesday, January 2nd. The stock was purchased at an average cost of GBX 668 ($8.93) per share, with a total value of £9,986.60 ($13,352.85).

Shares of International Consolidated Airlns Grp SA (LON:IAG) traded up GBX 0.40 ($0.01) during trading on Wednesday, reaching GBX 669.20 ($8.95). 5,132,742 shares of the company’s stock traded hands, compared to its average volume of 5,230,000. International Consolidated Airlns Grp SA has a 12-month low of GBX 443 ($5.92) and a 12-month high of GBX 680.60 ($9.10). The company has a market capitalization of $13,650.00 and a PE ratio of 847.09.

The firm also recently declared a dividend, which was paid on Monday, December 4th. Investors of record on Thursday, November 30th were issued a €0.13 ($0.15) dividend. The ex-dividend date of this dividend was Thursday, November 30th. This represents a dividend yield of 1.73%.

Several analysts have issued reports on IAG shares. UBS Group reaffirmed a “buy” rating on shares of International Consolidated Airlns Grp in a research report on Monday, September 11th. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 680 ($9.09) price objective on shares of International Consolidated Airlns Grp in a research report on Friday, September 8th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 875 ($11.70) price objective on shares of International Consolidated Airlns Grp in a research report on Monday, October 2nd. S&P Global set a GBX 750 ($10.03) price objective on shares of International Consolidated Airlns Grp and gave the company a “buy” rating in a research report on Friday, October 27th. Finally, Beaufort Securities raised their price target on shares of International Consolidated Airlns Grp from GBX 675 ($9.03) to GBX 725 ($9.69) and gave the stock a “buy” rating in a research report on Monday, October 30th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the stock. International Consolidated Airlns Grp currently has a consensus rating of “Hold” and a consensus target price of GBX 612.74 ($8.19).

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International Consolidated Airlns Grp 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.

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