International Consolidated Airlns Grp SA (IAG) PT Raised to GBX 725

International Consolidated Airlns Grp SA (LON:IAG) had its price target lifted by stock analysts at Beaufort Securities from GBX 675 ($8.91) to GBX 725 ($9.57) in a research note issued to investors on Monday. The brokerage currently has a “buy” rating on the stock. Beaufort Securities’ price target indicates a potential upside of 16.28% from the stock’s previous close.

A number of other research analysts have also recently issued reports on IAG. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of International Consolidated Airlns Grp SA in a report on Monday. Morgan Stanley reissued a “buy” rating on shares of International Consolidated Airlns Grp SA in a report on Thursday, August 10th. Goldman Sachs Group, Inc. (The) set a GBX 670 ($8.84) target price on shares of International Consolidated Airlns Grp SA and gave the stock a “neutral” rating in a report on Monday. Liberum Capital reissued a “buy” rating and set a GBX 875 ($11.55) target price on shares of International Consolidated Airlns Grp SA in a report on Monday. Finally, S&P Global set a GBX 750 ($9.90) target price on shares of International Consolidated Airlns Grp SA and gave the stock a “buy” rating in a report on Friday. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of GBX 586.29 ($7.74).

Shares of International Consolidated Airlns Grp SA (IAG) traded up 1.76% during midday trading on Monday, reaching GBX 634.50. 12,204,493 shares of the company’s stock were exchanged. The firm’s market cap is GBX 13.39 billion. The stock’s 50-day moving average is GBX 615.24 and its 200 day moving average is GBX 601.27. International Consolidated Airlns Grp SA has a one year low of GBX 358.26 and a one year high of GBX 679.77.

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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.

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