International Airlines Group (IAG) Earns “Buy” Rating from Deutsche Bank

Deutsche Bank reiterated their buy rating on shares of International Airlines Group (LON:IAG) in a research note released on Friday.

A number of other analysts have also issued reports on IAG. Sanford C. Bernstein set a GBX 690 ($9.88) price target on International Airlines Group and gave the company a buy rating in a report on Thursday, April 12th. HSBC upgraded International Airlines Group to a hold rating and boosted their price target for the company from GBX 565 ($8.09) to GBX 570 ($8.16) in a report on Friday. Credit Suisse Group reiterated an outperform rating and issued a GBX 721 ($10.32) price target on shares of International Airlines Group in a report on Tuesday, February 27th. Liberum Capital reiterated a buy rating and issued a GBX 875 ($12.53) price target on shares of International Airlines Group in a report on Wednesday, March 7th. Finally, UBS set a GBX 745 ($10.67) price target on International Airlines Group and gave the company a buy rating in a report on Friday, March 9th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 673.06 ($9.64).

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Shares of LON IAG opened at GBX 614.60 ($8.80) on Friday. International Airlines Group has a 52-week low of GBX 516 ($7.39) and a 52-week high of GBX 680.60 ($9.75).

The business also recently announced a dividend, which will be paid on Monday, July 2nd. Shareholders of record on Thursday, June 28th will be issued a dividend of €0.15 ($0.18) per share. The ex-dividend date of this dividend is Thursday, June 28th. This represents a yield of 2.17%. This is a positive change from International Airlines Group’s previous dividend of $0.13.

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International Airlines Group 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.

Analyst Recommendations for International Airlines Group (LON:IAG)

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