Barclays restated their overweight rating on shares of International Consolidated Airlns Grp (LON:IAG) in a report issued on Tuesday morning. Barclays currently has a GBX 780 ($10.50) target price on the stock.
IAG has been the topic of a number of other research reports. Morgan Stanley reaffirmed a buy rating on shares of International Consolidated Airlns Grp in a report on Thursday, August 10th. Deutsche Bank reiterated a buy rating and issued a GBX 730 ($9.83) price objective on shares of International Consolidated Airlns Grp in a report on Friday, December 1st. Liberum Capital reiterated a buy rating and issued a GBX 875 ($11.78) price objective on shares of International Consolidated Airlns Grp in a report on Thursday, August 17th. J P Morgan Chase & Co reiterated a neutral rating on shares of International Consolidated Airlns Grp in a report on Monday, October 30th. Finally, Davy Research cut shares of International Consolidated Airlns Grp to a neutral rating in a report on Tuesday, August 22nd. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of GBX 612.74 ($8.25).
International Consolidated Airlns Grp (LON:IAG) traded up GBX 0.50 ($0.01) during midday trading on Tuesday, hitting GBX 621.50 ($8.36). The company had a trading volume of 3,081,855 shares, compared to its average volume of 10,390,000. International Consolidated Airlns Grp has a 52-week low of GBX 358.26 ($4.82) and a 52-week high of GBX 679.77 ($9.15).
The business also recently declared a dividend, which was paid on Monday, December 4th. Shareholders of record on Thursday, November 30th were given a €0.13 ($0.15) dividend. The ex-dividend date was Thursday, November 30th. This represents a yield of 1.73%.
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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