International Consolidated Airlns Grp (LON:IAG) has been assigned a GBX 700 ($9.67) price target by equities research analysts at Cfra in a research report issued on Monday, February 26th. The firm presently has a “buy” rating on the stock. Cfra’s price target suggests a potential upside of 10.69% from the company’s previous close.
Several other research firms have also weighed in on IAG. Deutsche Bank reaffirmed a “buy” rating on shares of International Consolidated Airlns Grp in a report on Wednesday, February 21st. Sanford C. Bernstein set a GBX 710 ($9.81) price target on shares of International Consolidated Airlns Grp and gave the company a “buy” rating in a research note on Friday, February 23rd. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of International Consolidated Airlns Grp in a research note on Monday, October 30th. Barclays reissued an “overweight” rating and set a GBX 780 ($10.78) price target on shares of International Consolidated Airlns Grp in a research report on Monday, February 26th. Finally, UBS Group set a GBX 745 ($10.29) price objective on shares of International Consolidated Airlns Grp and gave the company a “buy” rating in a report on Tuesday, January 23rd. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 619.60 ($8.56).
International Consolidated Airlns Grp (LON IAG) traded up GBX 2.20 ($0.03) on Monday, reaching GBX 632.40 ($8.74). 6,332,176 shares of the company’s stock were exchanged, compared to its average volume of 6,600,000. International Consolidated Airlns Grp has a 12 month low of GBX 516 ($7.13) and a 12 month high of GBX 680.60 ($9.40). The stock has a market cap of $12,960.00 and a price-to-earnings ratio of 761.93.
In other news, insider Nicola Shaw acquired 1,495 shares of International Consolidated Airlns Grp stock in a transaction dated Tuesday, January 2nd. The shares were acquired at an average cost of GBX 668 ($9.23) per share, with a total value of £9,986.60 ($13,797.46).
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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.
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