International Consolidated Airlns Grp (LON:IAG)‘s stock had its “outperform” rating restated by equities research analysts at Credit Suisse Group in a note issued to investors on Tuesday. They presently have a GBX 721 ($9.96) price objective on the stock. Credit Suisse Group’s price target indicates a potential upside of 16.33% from the company’s current price.
A number of other equities analysts also recently commented on IAG. Liberum Capital restated a “buy” rating and issued a GBX 875 ($12.09) price objective on shares of International Consolidated Airlns Grp in a report on Monday, October 30th. JPMorgan Chase & Co. restated a “neutral” rating on shares of International Consolidated Airlns Grp in a report on Monday, October 30th. raised their price objective on International Consolidated Airlns Grp from GBX 550 ($7.60) to GBX 565 ($7.81) and gave the stock a “reduce” rating in a report on Monday, October 30th. Goldman Sachs Group set a GBX 670 ($9.26) price objective on International Consolidated Airlns Grp and gave the stock a “neutral” rating in a report on Monday, October 30th. Finally, Beaufort Securities raised their price objective on International Consolidated Airlns Grp from GBX 675 ($9.33) to GBX 725 ($10.02) and gave the stock a “buy” rating in a report on Monday, October 30th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have given a buy rating to the company’s stock. International Consolidated Airlns Grp has a consensus rating of “Hold” and an average price target of GBX 618.60 ($8.55).
International Consolidated Airlns Grp (LON IAG) opened at GBX 619.80 ($8.56) on Tuesday. The firm has a market capitalization of $12,790.00 and a PE ratio of 755.85. 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).
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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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