International Consolidated Airlns Grp (LON:IAG)‘s stock had its “reduce” rating reaffirmed by HSBC in a research report issued on Thursday. They currently have a GBX 565 ($7.92) price target on the stock. HSBC’s price objective points to a potential downside of 4.46% from the company’s current price.
Several other equities research analysts have also weighed in on the company. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 730 ($10.24) target price on shares of International Consolidated Airlns Grp in a research report on Tuesday, February 6th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of International Consolidated Airlns Grp in a report on Monday, October 30th. Barclays reaffirmed an “overweight” rating and issued a GBX 780 ($10.94) price target on shares of International Consolidated Airlns Grp in a research note on Tuesday, December 5th. Sanford C. Bernstein set a GBX 710 ($9.96) price target on International Consolidated Airlns Grp and gave the company a “buy” rating in a research note on Tuesday, January 2nd. Finally, Goldman Sachs Group set a GBX 670 ($9.39) price target on International Consolidated Airlns Grp and gave the company a “neutral” rating in a research note on Monday, October 30th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 610.37 ($8.56).
Shares of International Consolidated Airlns Grp (IAG) traded down GBX 5.20 ($0.07) on Thursday, reaching GBX 591.40 ($8.29). The company had a trading volume of 5,989,266 shares, compared to its average volume of 5,690,000. International Consolidated Airlns Grp has a 52-week low of GBX 484.80 ($6.80) and a 52-week high of GBX 680.60 ($9.54). The company has a market capitalization of $12,110.00 and a PE ratio of 758.21.
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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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