HSBC set a GBX 460 ($6.01) price target on International Consolidated Airlns Grp (LON:IAG) in a report published on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other research analysts have also recently weighed in on IAG. Royal Bank of Canada reaffirmed an outperform rating and set a GBX 650 ($8.49) target price on shares of International Consolidated Airlns Grp in a research note on Monday, September 9th. Barclays reaffirmed an overweight rating on shares of International Consolidated Airlns Grp in a research note on Monday, August 5th. Credit Suisse Group set a GBX 713 ($9.32) target price on International Consolidated Airlns Grp and gave the company a buy rating in a research note on Friday, August 2nd. Sanford C. Bernstein set a GBX 520 ($6.79) target price on International Consolidated Airlns Grp and gave the company a neutral rating in a research note on Tuesday, August 27th. Finally, Berenberg Bank set a GBX 780 ($10.19) target price on International Consolidated Airlns Grp and gave the company a buy rating in a research note on Friday, August 2nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of GBX 643.58 ($8.41).
Shares of IAG opened at GBX 457.30 ($5.98) on Friday. The firm has a market capitalization of $9.07 billion and a price-to-earnings ratio of 2.86. The company has a debt-to-equity ratio of 194.65, a quick ratio of 0.69 and a current ratio of 0.85. International Consolidated Airlns Grp has a one year low of GBX 411.50 ($5.38) and a one year high of GBX 697.20 ($9.11). The stock’s fifty day moving average is GBX 434.62 and its 200-day moving average is GBX 491.93.
International Consolidated Airlines Group, SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, Ireland, the United States, and rest of the world. The company operates under the British Airways, Iberia, Vueling, LEVEL, and Aer Lingus brands.
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