Morgan Stanley Reaffirms “Neutral” Rating for International Consolidated Airlns Grp (IAG)

Morgan Stanley reissued their neutral rating on shares of International Consolidated Airlns Grp (LON:IAG) in a research note issued to investors on Monday.

A number of other research firms have also weighed in on IAG. S&P Global set a GBX 750 ($10.09) target price on International Consolidated Airlns Grp and gave the stock a buy rating in a report on Friday, October 27th. Credit Suisse Group restated an outperform rating and set a GBX 721 ($9.70) target price on shares of International Consolidated Airlns Grp in a report on Tuesday, October 24th. Liberum Capital restated a buy rating and set a GBX 875 ($11.78) target price on shares of International Consolidated Airlns Grp in a report on Tuesday, October 24th. Shore Capital restated a hold rating on shares of International Consolidated Airlns Grp in a report on Tuesday, October 24th. Finally, Deutsche Bank restated a buy rating and set a GBX 680 ($9.15) target price on shares of International Consolidated Airlns Grp in a report on Tuesday, October 24th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of GBX 612.74 ($8.25).

International Consolidated Airlns Grp (LON:IAG) opened at GBX 625.50 ($8.42) on Monday. International Consolidated Airlns Grp has a 52-week low of GBX 358.26 ($4.82) and a 52-week high of GBX 679.77 ($9.15).

The company also recently announced a dividend, which was paid on Monday, December 4th. Investors of record on Thursday, November 30th were given a €0.13 ($0.15) dividend. This represents a dividend yield of 1.73%. The ex-dividend date was Thursday, November 30th.

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About International Consolidated Airlns Grp

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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