Deutsche Bank Reiterates Buy Rating for International Consolidated Airlns Grp (IAG)

International Consolidated Airlns Grp (LON:IAG)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank in a report released on Friday. They currently have a GBX 730 ($9.90) target price on the stock. Deutsche Bank’s target price suggests a potential upside of 10.87% from the company’s previous close.

A number of other analysts also recently commented on IAG. Liberum Capital reiterated a “buy” rating and issued a GBX 875 ($11.87) price objective on shares of International Consolidated Airlns Grp in a research report on Monday, October 2nd. set a GBX 550 ($7.46) price objective on International Consolidated Airlns Grp and gave the stock a “sell” rating in a research report on Tuesday, October 3rd. Numis Securities reiterated an “under review” rating on shares of International Consolidated Airlns Grp in a research report on Wednesday, October 4th. Peel Hunt reiterated an “under review” rating on shares of International Consolidated Airlns Grp in a research report on Wednesday, October 4th. Finally, UBS Group set a GBX 685 ($9.29) price objective on International Consolidated Airlns Grp and gave the stock a “buy” rating in a research report on Friday, October 13th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have given a buy rating to the company. International Consolidated Airlns Grp has a consensus rating of “Hold” and a consensus target price of GBX 612.74 ($8.31).

Shares of International Consolidated Airlns Grp (LON IAG) traded up GBX 10.60 ($0.14) during mid-day trading on Friday, hitting GBX 658.40 ($8.93). The company’s stock had a trading volume of 5,866,538 shares, compared to its average volume of 5,130,000. International Consolidated Airlns Grp has a 52 week low of GBX 472.46 ($6.41) and a 52 week high of GBX 680.60 ($9.23). The company has a market cap of $13,480.00 and a P/E ratio of 833.42.

In other news, insider Nicola Shaw bought 1,495 shares of the stock in a transaction dated Tuesday, January 2nd. The stock was bought at an average cost of GBX 668 ($9.06) per share, with a total value of £9,986.60 ($13,542.99).

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About International Consolidated Airlns Grp

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 (LON:IAG)

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