International Consolidated Airlines Group Sa (LON:IAG) Rating Reaffirmed
In a comprehensive report issued to clients and investors this morning, Nomura reconfirmed their “Buy” rating on International Consolidated Airlines Group Sa (LON:IAG) shares. The target PPS would suggest a possible upside of 36.40% from firm’s last 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 25.95% above today’s (GBX 586.74) stock price. International Consolidated Airlines Group was the topic of 51 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 2 with “Buy” rating. Barclays Capital maintained shares with “Overweight” rating and GBX 750 target share price in a report from a November 11. Credit Suisse maintained IAG stock in a recent report from November 24 with “Outperform” rating. UBS maintained the rating on November 10. UBS has a “Buy” rating and a GBX 765 price target on shares. Finally, Deutsche Bank maintained the stock with “Buy” rating in a report issued on a November 16.
The stock increased 1.78% or GBX 10.24 on December 2, striking GBX 586.74. Approximately 6.37 million shares of stock traded hands. International Consolidated Airlns Grp SA (LON:IAG) has risen 7.36% since May 5, 2015 and is uptrending. It has outperformed by 7.56% 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 11.95 billion GBP. The Firm operates Airbus A320 aircraft at various airport bases. It has 12.23 P/E ratio. The Company’s divisions include British Airways, Iberia and Vueling.
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