International Consolidated Airlns Grp SA (IAG) Receives Average Rating of “Hold” from Brokerages

International Consolidated Airlns Grp SA (LON:IAG) has earned a consensus recommendation of “Hold” from the twenty-three brokerages that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 688.07 ($9.33).

IAG has been the topic of several analyst reports. Goldman Sachs Group boosted their target price on International Consolidated Airlns Grp from GBX 645 ($8.75) to GBX 670 ($9.09) and gave the company a “neutral” rating in a research report on Wednesday, September 20th. Liberum Capital reissued a “buy” rating and set a GBX 875 ($11.87) target price on shares of International Consolidated Airlns Grp in a research report on Monday, October 2nd. Deutsche Bank reissued a “buy” rating and set a GBX 680 ($9.22) target price on shares of International Consolidated Airlns Grp in a research report on Tuesday, October 3rd. set a GBX 550 ($7.46) target price on International Consolidated Airlns Grp and gave the company a “sell” rating in a research report on Tuesday, October 3rd. Finally, Numis Securities reissued an “under review” rating on shares of International Consolidated Airlns Grp in a research report on Wednesday, October 4th.

International Consolidated Airlns Grp (LON:IAG) traded down GBX 14.40 ($0.20) during midday trading on Monday, hitting GBX 654.40 ($8.87). The stock had a trading volume of 5,032,542 shares, compared to its average volume of 5,410,000. The company has a market cap of $13,390.00 and a P/E ratio of 828.35. International Consolidated Airlns Grp has a 52-week low of GBX 472.46 ($6.41) and a 52-week high of GBX 680.60 ($9.23).

In other news, insider Nicola Shaw purchased 1,495 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The shares were acquired at an average price of GBX 668 ($9.06) per share, with a total value of £9,986.60 ($13,542.99).

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About International Consolidated Airlns Grp

International Consolidated Airlines Group, SA is an airline company that holds the interests in airline and ancillary operations. Its segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. It combines the airlines in the United Kingdom, Spain and Ireland. It has approximately 550 aircrafts to over 280 destinations.

Analyst Recommendations for International Consolidated Airlns Grp (LON:IAG)

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