Sanford C. Bernstein set a GBX 520 ($6.79) target price on International Consolidated Airlns Grp (LON:IAG) in a report released on Friday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research analysts have also recently commented on IAG. Deutsche Bank reiterated a buy rating on shares of International Consolidated Airlns Grp in a report on Friday, July 12th. Berenberg Bank reiterated a buy rating and issued a GBX 780 ($10.19) price objective on shares of International Consolidated Airlns Grp in a report on Friday, May 10th. Barclays reiterated an overweight rating and issued a GBX 700 ($9.15) price objective on shares of International Consolidated Airlns Grp in a report on Wednesday, July 17th. UBS Group reissued a buy rating on shares of International Consolidated Airlns Grp in a research report on Friday, June 21st. Finally, Credit Suisse Group cut their target price on International Consolidated Airlns Grp from GBX 780 ($10.19) to GBX 713 ($9.32) and set an outperform rating on the stock in a research report on Tuesday, July 23rd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. International Consolidated Airlns Grp has an average rating of Hold and a consensus price target of GBX 649.46 ($8.49).
IAG traded up GBX 34.70 ($0.45) during trading hours on Friday, reaching GBX 448.20 ($5.86). The company’s stock had a trading volume of 19,271,691 shares, compared to its average volume of 6,660,000. International Consolidated Airlns Grp has a fifty-two week low of GBX 413.60 ($5.40) and a fifty-two week high of GBX 718.40 ($9.39). The stock has a market cap of $8.89 billion and a PE ratio of 2.80. The business has a 50-day moving average of GBX 453.35. The company has a current ratio of 0.91, a quick ratio of 0.78 and a debt-to-equity ratio of 111.74.
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, and Aer Lingus brands.
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