International Consolidated Airlns Grp SA (LON:IAG) Receives GBX 333.80 Consensus Target Price from Brokerages

Shares of International Consolidated Airlns Grp SA (LON:IAG) have received an average recommendation of “Buy” from the nineteen brokerages that are currently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 333.80 ($4.36).

Several research analysts recently commented on the company. Berenberg Bank dropped their price target on International Consolidated Airlns Grp from GBX 300 ($3.92) to GBX 260 ($3.40) and set a “buy” rating for the company in a research report on Friday, September 11th. JPMorgan Chase & Co. lowered International Consolidated Airlns Grp to a “neutral” rating in a research report on Tuesday, September 1st. Barclays dropped their price target on International Consolidated Airlns Grp from GBX 335 ($4.38) to GBX 188 ($2.46) and set an “overweight” rating for the company in a research report on Monday, August 3rd. Sanford C. Bernstein set a GBX 330 ($4.31) price objective on shares of International Consolidated Airlns Grp and gave the stock a “buy” rating in a research note on Monday, August 17th. Finally, Peel Hunt reissued a “hold” rating on shares of International Consolidated Airlns Grp in a research note on Friday, July 31st.

IAG traded down GBX 18.90 ($0.25) on Wednesday, hitting GBX 110.55 ($1.44). The company had a trading volume of 63,193,515 shares, compared to its average volume of 16,834,818. The company has a market cap of $2.20 billion and a PE ratio of 0.69. International Consolidated Airlns Grp has a 12-month low of GBX 1.26 ($0.02) and a 12-month high of GBX 684 ($8.94). The company has a quick ratio of 0.53, a current ratio of 0.68 and a debt-to-equity ratio of 2,099.24. The business’s fifty day simple moving average is GBX 191.63 and its 200 day simple moving average is GBX 234.31.

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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