Liberum Capital Reiterates “Buy” Rating for International Consolidated Airlns Grp (IAG)
International Consolidated Airlns Grp (LON:IAG)‘s stock had its “buy” rating reissued by analysts at Liberum Capital in a report released on Friday. They presently have a GBX 875 ($11.70) price target on the stock. Liberum Capital’s price objective indicates a potential upside of 31.78% from the stock’s previous close.
IAG has been the subject of a number of other research reports. set a GBX 550 ($7.35) target price on shares of International Consolidated Airlns Grp and gave the company a “sell” rating in a research report on Thursday, October 12th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of International Consolidated Airlns Grp in a research report on Monday, October 30th. Credit Suisse Group boosted their target price on shares of International Consolidated Airlns Grp from GBX 686 ($9.17) to GBX 721 ($9.64) and gave the company an “outperform” rating in a research report on Wednesday, October 18th. Deutsche Bank reissued a “buy” rating and issued a GBX 680 ($9.09) target price on shares of International Consolidated Airlns Grp in a research report on Friday, September 8th. Finally, Barclays reaffirmed an “overweight” rating and set a GBX 780 ($10.43) price objective on shares of International Consolidated Airlns Grp in a research report on Tuesday, December 5th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the stock. International Consolidated Airlns Grp presently has an average rating of “Hold” and a consensus price target of GBX 612.74 ($8.19).
Shares of International Consolidated Airlns Grp (LON IAG) traded down GBX 0.60 ($0.01) on Friday, reaching GBX 664 ($8.88). 6,450,000 shares of the company were exchanged, compared to its average volume of 5,320,000. The firm has a market capitalization of $13,540.00 and a P/E ratio of 840.51. International Consolidated Airlns Grp has a fifty-two week low of GBX 457.19 ($6.11) and a fifty-two week high of GBX 680.60 ($9.10).
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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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