International Consolidated Airlns Grp (IAG) Earns Buy Rating from Liberum Capital

International Consolidated Airlns Grp (LON:IAG)‘s stock had its “buy” rating reissued by stock analysts at Liberum Capital in a report issued on Thursday, February 28th. They currently have a GBX 875 ($11.43) price objective on the stock. Liberum Capital’s price target would indicate a potential upside of 71.64% from the stock’s current price.

Several other research firms have also recently commented on IAG. Credit Suisse Group set a GBX 780 ($10.19) price target on International Consolidated Airlns Grp and gave the company a “buy” rating in a report on Monday, February 11th. UBS Group reiterated a “neutral” rating on shares of International Consolidated Airlns Grp in a research report on Wednesday, November 21st. Sanford C. Bernstein set a GBX 750 ($9.80) price objective on International Consolidated Airlns Grp and gave the stock a “buy” rating in a research report on Thursday, January 24th. Royal Bank of Canada reiterated a “neutral” rating on shares of International Consolidated Airlns Grp in a research report on Tuesday, February 19th. Finally, Societe Generale increased their price objective on International Consolidated Airlns Grp from GBX 570 ($7.45) to GBX 650 ($8.49) and gave the stock a “hold” rating in a research report on Tuesday, February 19th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of GBX 698.20 ($9.12).

Shares of IAG traded down GBX 11.20 ($0.15) during mid-day trading on Thursday, reaching GBX 509.80 ($6.66). The company had a trading volume of 5,861,749 shares, compared to its average volume of 6,660,000. International Consolidated Airlns Grp has a 52-week low of GBX 514.40 ($6.72) and a 52-week high of GBX 727 ($9.50). The company has a market capitalization of $10.11 billion and a price-to-earnings ratio of 3.18. The company has a quick ratio of 0.78, a current ratio of 0.91 and a debt-to-equity ratio of 111.74.

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, IAG Cargo, Avios, and Aer Lingus brands.

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

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