International Consolidated Airlns Grp’s (IAG) “Overweight” Rating Reiterated at Barclays

Barclays reissued their overweight rating on shares of International Consolidated Airlns Grp (LON:IAG) in a research report released on Tuesday. Barclays currently has a GBX 780 ($10.50) price target on the stock.

Several other research firms have also commented on IAG. set a GBX 550 ($7.40) price objective on International Consolidated Airlns Grp and gave the company a sell rating in a research report on Thursday, October 12th. UBS set a GBX 685 ($9.22) price objective on International Consolidated Airlns Grp and gave the company a buy rating in a research report on Tuesday, September 5th. Liberum Capital reaffirmed a buy rating and set a GBX 875 ($11.78) target price on shares of International Consolidated Airlns Grp in a research report on Monday, October 2nd. J P Morgan Chase & Co reaffirmed a neutral rating on shares of International Consolidated Airlns Grp in a research report on Monday, October 30th. Finally, Credit Suisse Group lifted their target price on International Consolidated Airlns Grp from GBX 686 ($9.23) to GBX 721 ($9.70) and gave the stock an outperform rating in a research report on Wednesday, October 18th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the company. International Consolidated Airlns Grp presently has a consensus rating of Hold and a consensus target price of GBX 612.74 ($8.25).

International Consolidated Airlns Grp (IAG) opened at GBX 636.50 ($8.57) on Tuesday. 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. Shareholders of record on Thursday, November 30th were paid a dividend of €0.13 ($0.15) per share. This represents a yield of 1.73%. The ex-dividend date of this dividend was Thursday, November 30th.

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International Consolidated Airlns Grp 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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