Credit Suisse Group Raises International Consolidated Airlns Grp SA (IAG) Price Target to GBX 686

International Consolidated Airlns Grp SA (LON:IAG) had its price objective boosted by stock analysts at Credit Suisse Group from GBX 657 ($8.31) to GBX 686 ($8.68) in a note issued to investors on Monday, May 15th, StockTargetPrices.com reports. The firm presently has an “outperform” rating on the stock. Credit Suisse Group’s target price suggests a potential upside of 16.57% from the stock’s previous close.

Other analysts also recently issued reports about the stock. J P Morgan Chase & Co reduced their target price on shares of International Consolidated Airlns Grp SA from GBX 250 ($3.16) to GBX 180 ($2.28) and set an “underweight” rating on the stock in a research report on Tuesday, January 17th. Goldman Sachs Group, Inc. (The) raised shares of International Consolidated Airlns Grp SA to a “buy” rating and upped their target price for the stock from GBX 490 ($6.20) to GBX 580 ($7.34) in a research report on Friday, January 27th. Societe Generale set a GBX 530 ($6.70) target price on shares of International Consolidated Airlns Grp SA and gave the stock a “neutral” rating in a research report on Tuesday, February 7th. Royal Bank Of Canada began coverage on shares of International Consolidated Airlns Grp SA in a research report on Friday, March 24th. They set an “outperform” rating and a GBX 165 ($2.09) price objective on the stock. Finally, Beaufort Securities reissued a “buy” rating on shares of International Consolidated Airlns Grp SA in a research report on Monday, February 27th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and fourteen have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 507.86 ($6.42).

Analyst Recommendations for International Consolidated Airlns Grp SA (LON:IAG)

Shares of International Consolidated Airlns Grp SA (IAG) traded up 0.77% during trading on Monday, hitting GBX 588.50. 8,460,664 shares of the stock traded hands. International Consolidated Airlns Grp SA has a 1-year low of GBX 281.73 and a 1-year high of GBX 619.00. The firm has a 50-day moving average of GBX 593.92 and a 200-day moving average of GBX 522.90. The firm’s market capitalization is GBX 15.89 billion.

The firm also recently declared a dividend, which will be paid on Monday, July 3rd. Stockholders of record on Thursday, June 29th will be paid a dividend of €0.13 ($0.14) per share. The ex-dividend date of this dividend is Thursday, June 29th. This represents a dividend yield of 2.03%.

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International Consolidated Airlns Grp SA 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.

Stock Target Prices

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