International Consolidated Airlines Group (LON:IAG) Rating Reaffirmed
In an interesting research report issued to clients and investors by Nomura on Monday, 14 December, The Rating on International Consolidated Airlines Group (LON:IAG) shares of a ‘”Buy”‘ was reconfirmed.
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 15.75 while the lowest target price is GBX 5.94. The mean of all analyst targets is GBX 10.8 with a 28.75% above today’s (GBX 574) stock price. International Consolidated Airlines Group was the topic of 52 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 14 with “Buy” rating. Nomura maintained shares with “Buy” rating and GBX 800 target share price in a report from a December 2. Credit Suisse maintained IAG stock in a recent report from November 24 with “Outperform” rating. Barclays Capital maintained the rating on November 11. Barclays Capital has a “Overweight” rating and a GBX 750 price target on shares. Finally, Deutsche Bank maintained the stock with “Buy” rating in a report issued on a November 16.
Approximately 1.11M shares of stock traded hands. International Consolidated Airlns Grp SA (LON:IAG) has declined 0.09% since May 15, 2015 and is downtrending. It has outperformed by 4.33% 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 11.54 billion GBP. The Firm operates Airbus A320 aircraft at various airport bases. It has 11.69 P/E ratio. The Company’s divisions include British Airways, Iberia and Vueling.
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