International Consolidated Airlns Grp (IAG) Given “Buy” Rating at Deutsche Bank

Deutsche Bank reiterated their buy rating on shares of International Consolidated Airlns Grp (LON:IAG) in a research note issued to investors on Monday morning. They currently have a GBX 770 ($10.06) price objective on the stock.

A number of other brokerages have also weighed in on IAG. HSBC decreased their target price on shares of International Consolidated Airlns Grp from GBX 590 ($7.71) to GBX 500 ($6.53) and set a reduce rating for the company in a research note on Thursday, October 18th. Societe Generale decreased their target price on shares of International Consolidated Airlns Grp from GBX 750 ($9.80) to GBX 570 ($7.45) and set a hold rating for the company in a research note on Thursday, October 25th. Credit Suisse Group set a GBX 895 ($11.69) price objective on International Consolidated Airlns Grp and gave the stock a buy rating in a research note on Thursday, July 12th. ICAP upped their price objective on International Consolidated Airlns Grp from GBX 765 ($10.00) to GBX 780 ($10.19) and gave the stock a buy rating in a research note on Monday, August 6th. Finally, Barclays restated an overweight rating and issued a GBX 780 ($10.19) price objective on shares of International Consolidated Airlns Grp in a research note on Monday, July 23rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average target price of GBX 746.57 ($9.76).

Shares of IAG opened at GBX 631.60 ($8.25) on Monday. International Consolidated Airlns Grp has a 1-year low of GBX 516 ($6.74) and a 1-year high of GBX 680.60 ($8.89).

The business also recently disclosed a dividend, which will be paid on Monday, December 3rd. Stockholders of record on Thursday, November 29th will be paid a €0.15 ($0.17) dividend. The ex-dividend date is Thursday, November 29th. This represents a dividend yield of 2.19%.

About International Consolidated Airlns Grp

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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