Morgan Stanley Reiterates “Overweight” Rating for International Consolidated Airlns Grp (LON:IAG)

International Consolidated Airlns Grp (LON:IAG)‘s stock had its “overweight” rating reiterated by stock analysts at Morgan Stanley in a research report issued to clients and investors on Thursday, Digital Look reports.

Other research analysts have also recently issued reports about the company. UBS Group set a GBX 650 ($8.49) price target on International Consolidated Airlns Grp and gave the company a “buy” rating in a report on Wednesday, October 2nd. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 630 ($8.23) price target on shares of International Consolidated Airlns Grp in a report on Monday, August 26th. Berenberg Bank cut their price target on International Consolidated Airlns Grp from GBX 780 ($10.19) to GBX 720 ($9.41) and set a “buy” rating for the company in a report on Friday, September 27th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of International Consolidated Airlns Grp in a report on Monday, September 23rd. Finally, Royal Bank of Canada reaffirmed a “buy” rating on shares of International Consolidated Airlns Grp in a report on Friday, October 4th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the stock. International Consolidated Airlns Grp currently has an average rating of “Buy” and an average target price of GBX 616.92 ($8.06).

International Consolidated Airlns Grp stock opened at GBX 498.90 ($6.52) on Thursday. The stock has a 50-day simple moving average of GBX 447.89 and a 200 day simple moving average of GBX 475.26. The company has a quick ratio of 0.69, a current ratio of 0.85 and a debt-to-equity ratio of 194.65. International Consolidated Airlns Grp has a 12-month low of GBX 411.50 ($5.38) and a 12-month high of GBX 669.40 ($8.75). The stock has a market capitalization of $9.90 billion and a price-to-earnings ratio of 3.12.

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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