International Consolidated Airlns Grp (LON:IAG) Earns Buy Rating from Analysts at Peel Hunt

Research analysts at Peel Hunt initiated coverage on shares of International Consolidated Airlns Grp (LON:IAG) in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports. The brokerage set a “buy” rating and a GBX 665 ($8.69) price target on the stock. Peel Hunt’s target price would indicate a potential upside of 21.22% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. restated a “buy” rating on shares of International Consolidated Airlns Grp in a research report on Monday, September 23rd. Royal Bank of Canada set a GBX 650 ($8.49) price objective on shares of International Consolidated Airlns Grp and gave the stock a “buy” rating in a research note on Thursday, October 31st. Goldman Sachs Group assumed coverage on shares of International Consolidated Airlns Grp in a report on Wednesday, November 20th. They set a “buy” rating and a GBX 665 ($8.69) price objective for the company. Morgan Stanley reiterated an “overweight” rating on shares of International Consolidated Airlns Grp in a research note on Thursday, October 10th. Finally, Liberum Capital reissued a “buy” rating on shares of International Consolidated Airlns Grp in a report on Friday, November 8th. Three research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of GBX 653.36 ($8.54).

Shares of International Consolidated Airlns Grp stock opened at GBX 548.60 ($7.17) on Friday. The stock has a market capitalization of $10.85 billion and a P/E ratio of 3.43. The company has a quick ratio of 0.69, a current ratio of 0.85 and a debt-to-equity ratio of 194.65. The company has a 50-day simple moving average of GBX 539.80 and a 200 day simple moving average of GBX 477.52. International Consolidated Airlns Grp has a 12-month low of GBX 411.50 ($5.38) and a 12-month high of GBX 669.40 ($8.75).

International Consolidated Airlns Grp Company Profile

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

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