International Consolidated Airlns Grp SA (IAG) Given “Buy” Rating at Deutsche Bank AG

Deutsche Bank AG reaffirmed their buy rating on shares of International Consolidated Airlns Grp SA (LON:IAG) in a research report released on Friday morning. They currently have a GBX 680 ($8.78) price objective on the stock.

A number of other equities research analysts have also issued reports on IAG. UBS AG reiterated a buy rating on shares of International Consolidated Airlns Grp SA in a research note on Friday, May 26th. Morgan Stanley reiterated a buy rating on shares of International Consolidated Airlns Grp SA in a research note on Thursday, August 10th. Liberum Capital reiterated a buy rating and issued a GBX 875 ($11.30) target price on shares of International Consolidated Airlns Grp SA in a research note on Thursday, August 17th. Davy Research lowered International Consolidated Airlns Grp SA to a neutral rating in a research note on Tuesday, August 22nd. Finally, HSBC Holdings plc set a GBX 550 ($7.10) target price on International Consolidated Airlns Grp SA and gave the company a sell rating in a research note on Monday, July 31st. Three analysts have rated the stock with a sell rating, seven have given a hold rating and fifteen have given a buy rating to the company’s stock. International Consolidated Airlns Grp SA presently has an average rating of Hold and a consensus price target of GBX 543.58 ($7.02).

Shares of International Consolidated Airlns Grp SA (LON:IAG) traded up 0.51% during trading on Friday, hitting GBX 593.50. The stock had a trading volume of 5,119,680 shares. The stock’s 50-day moving average price is GBX 606.01 and its 200-day moving average price is GBX 582.67. The company’s market cap is GBX 12.53 billion. International Consolidated Airlns Grp SA has a one year low of GBX 281.73 and a one year high of GBX 773.19.

International Consolidated Airlns Grp SA (LON:IAG) last posted its earnings results on Friday, July 28th. The company reported $0.28 earnings per share (EPS) for the quarter. On average, equities research analysts forecast that International Consolidated Airlns Grp SA will post $0.89 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “International Consolidated Airlns Grp SA (IAG) Given “Buy” Rating at Deutsche Bank AG” was first published by Transcript Daily and is owned by of Transcript Daily. If you are reading this article on another publication, it was stolen and republished in violation of United States and international copyright & trademark legislation. The legal version of this article can be accessed at https://transcriptdaily.com/2017/09/09/international-consolidated-airlns-grp-sa-iag-given-buy-rating-at-deutsche-bank-ag.html.

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.

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

Receive News & Ratings for International Consolidated Airlns Grp SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Consolidated Airlns Grp SA and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply