International Consolidated Airlines Group (LON:IAG) Rating Reaffirmed
Recently, In a note revealed to investors and clients on 2 December, International Consolidated Airlines Group (LON:IAG) shares have had their Buy Rating has reaffirmed by analysts at Nomura, who currently has a GBX 800.00 target PPS on firm. This target by Nomura suggests the possibile upside of 38.94% from the last close price.
From a total of 25 analysts covering International Consolidated Airlines Group (LON:IAG) stock, 19 rate it a ”Buy”, 1 a “Sell”, and 5 a ”Hold”. This means that 76% of the ratings are positive. The highest target price is GBX 15.68 while the lowest target price is GBX 5.72. The mean of all analyst targets is GBX 10.59 with a 27.68% above today’s (GBX 575.79) stock price. International Consolidated Airlines Group was the topic of 50 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Charles Stanley maintained shares on December 1 with “Buy” rating. UBS maintained shares with “Buy” rating and GBX 765 target share price in a report from a November 10. Goldman Sachs maintained IAG stock in a recent report from November 20 with “Buy” rating. Deutsche Bank maintained the rating on November 9. Deutsche Bank has a “Buy” rating and a GBX 760 price target on shares. Finally, Barclays Capital maintained the stock with “Overweight” rating in a report issued on a November 11.
The stock closed the day at GBX 575.79 during the previous session. It is down 7.36% since May 5, 2015 and is uptrending. It has outperformed by 8.98% the S&P500.
International Consolidated Airlines Group, S.A. is a European airline company, which holds the interests of airline and ancillary operations. The company has a market cap of 11.63 billion GBP. The Firm operates Airbus A320 aircraft at various airport bases. It has 12.04 P/E ratio. The Company’s divisions include British Airways, Iberia and Vueling.
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