Credit Suisse Group set a GBX 780 ($10.19) target price on International Consolidated Airlns Grp (LON:IAG) in a research report report published on Friday morning. The firm currently has a buy rating on the stock.
Several other research firms have also issued reports on IAG. HSBC set a GBX 600 ($7.84) target price on shares of International Consolidated Airlns Grp and gave the company a sell rating in a report on Friday, June 22nd. Royal Bank of Canada lifted their target price on shares of International Consolidated Airlns Grp from GBX 675 ($8.82) to GBX 740 ($9.67) and gave the company a sector perform rating in a report on Wednesday, June 20th. Societe Generale set a GBX 750 ($9.80) price objective on shares of International Consolidated Airlns Grp and gave the stock a neutral rating in a report on Monday, June 18th. Deutsche Bank boosted their price objective on shares of International Consolidated Airlns Grp from GBX 730 ($9.54) to GBX 750 ($9.80) and gave the stock a buy rating in a report on Friday, June 15th. Finally, UBS Group set a GBX 765 ($10.00) price objective on shares of International Consolidated Airlns Grp and gave the stock a buy rating in a report on Thursday, June 14th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of GBX 749.56 ($9.79).
Shares of IAG stock traded up GBX 3.80 ($0.05) during trading hours on Friday, hitting GBX 585.60 ($7.65). 7,428,586 shares of the company’s stock traded hands, compared to its average volume of 6,660,000. International Consolidated Airlns Grp has a 12-month low of GBX 516 ($6.74) and a 12-month high of GBX 680.60 ($8.89).
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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