International Consolidated Airlns Grp SA (IAG) Receives Consensus Recommendation of “Hold” from Analysts

Shares of International Consolidated Airlns Grp SA (LON:IAG) have been assigned a consensus recommendation of “Hold” from the twenty-two brokerages that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 707.93 ($9.43).

A number of equities research analysts recently commented on the stock. UBS Group set a GBX 745 ($9.92) price objective on shares of International Consolidated Airlns Grp and gave the company a “buy” rating in a research note on Friday, March 9th. Liberum Capital reissued a “buy” rating and issued a GBX 875 ($11.65) price objective on shares of International Consolidated Airlns Grp in a research note on Friday, February 23rd. Deutsche Bank lowered their price objective on shares of International Consolidated Airlns Grp from GBX 770 ($10.25) to GBX 730 ($9.72) and set a “buy” rating on the stock in a research note on Wednesday, May 9th. HSBC cut shares of International Consolidated Airlns Grp to a “reduce” rating and increased their price objective for the company from GBX 570 ($7.59) to GBX 590 ($7.86) in a research note on Wednesday, May 23rd. Finally, Royal Bank of Canada set a GBX 675 ($8.99) target price on shares of International Consolidated Airlns Grp and gave the company a “neutral” rating in a report on Friday, February 23rd.

International Consolidated Airlns Grp traded up GBX 3 ($0.04), reaching GBX 715.20 ($9.52), during trading hours on Thursday, according to MarketBeat. The company’s stock had a trading volume of 5,774,404 shares, compared to its average volume of 6,660,000. International Consolidated Airlns Grp has a fifty-two week low of GBX 516 ($6.87) and a fifty-two week high of GBX 680.60 ($9.06).

About International Consolidated Airlns Grp

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, IAG Cargo, Avios, and Aer Lingus brands.

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

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