Deutsche Bank Reaffirms Buy Rating for International Consolidated Airlns Grp (IAG)

International Consolidated Airlns Grp (LON:IAG)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank in a report issued on Wednesday.

A number of other analysts also recently commented on the company. Liberum Capital restated a “buy” rating and issued a GBX 875 ($12.09) target price on shares of International Consolidated Airlns Grp in a research note on Monday, January 15th. Sanford C. Bernstein set a GBX 710 ($9.81) target price on International Consolidated Airlns Grp and gave the stock a “buy” rating in a research note on Thursday, December 14th. upped their target price on International Consolidated Airlns Grp from GBX 550 ($7.60) to GBX 565 ($7.81) and gave the stock a “reduce” rating in a research note on Monday, October 30th. Kepler Capital Markets restated a “hold” rating on shares of International Consolidated Airlns Grp in a research note on Thursday, November 2nd. Finally, Credit Suisse Group restated an “outperform” rating and issued a GBX 721 ($9.96) target price on shares of International Consolidated Airlns Grp in a research note on Tuesday, October 24th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the stock. International Consolidated Airlns Grp presently has a consensus rating of “Hold” and an average price target of GBX 610.37 ($8.43).

Shares of International Consolidated Airlns Grp (LON IAG) opened at GBX 613.20 ($8.47) on Wednesday. International Consolidated Airlns Grp has a one year low of GBX 497.60 ($6.87) and a one year high of GBX 680.60 ($9.40). The company has a market capitalization of $12,550.00 and a PE ratio of 776.20.

In other International Consolidated Airlns Grp news, insider Nicola Shaw purchased 1,495 shares of the stock in a transaction on Tuesday, January 2nd. The shares were bought at an average price of GBX 668 ($9.23) per share, for a total transaction of £9,986.60 ($13,797.46).

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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.

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

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