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

International Consolidated Airlns Grp SA (LON:IAG) has earned an average recommendation of “Hold” from the twenty-four ratings firms that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 680.38 ($9.54).

A number of research firms have weighed in on IAG. HSBC restated a “reduce” rating and set a GBX 565 ($7.92) target price on shares of International Consolidated Airlns Grp in a report on Thursday. Deutsche Bank restated a “buy” rating and set a GBX 730 ($10.24) target price on shares of International Consolidated Airlns Grp in a report on Tuesday. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of International Consolidated Airlns Grp in a report on Monday, October 30th. Barclays reiterated an “overweight” rating and set a GBX 780 ($10.94) price objective on shares of International Consolidated Airlns Grp in a report on Tuesday, December 5th. Finally, Sanford C. Bernstein set a GBX 710 ($9.96) price objective on International Consolidated Airlns Grp and gave the company a “buy” rating in a report on Tuesday, January 2nd.

International Consolidated Airlns Grp (IAG) traded down GBX 5.20 ($0.07) during trading on Friday, reaching GBX 591.40 ($8.29). The company’s stock had a trading volume of 4,307,234 shares, compared to its average volume of 5,610,000. The stock has a market capitalization of $12,070.00 and a price-to-earnings ratio of 758.21. International Consolidated Airlns Grp has a one year low of GBX 477.60 ($6.70) and a one year high of GBX 680.60 ($9.54).

In related news, insider Nicola Shaw purchased 1,495 shares of the business’s stock in a transaction on Tuesday, January 2nd. The shares were bought at an average cost of GBX 668 ($9.37) per share, with a total value of £9,986.60 ($14,002.52).

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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.

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

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