International Consolidated Airlns Grp (LON:IAG) has been assigned a GBX 705 ($9.21) price objective by UBS Group in a research report issued on Friday, www.boersen-zeitung.de reports. The firm presently has a “neutral” rating on the stock. UBS Group’s price objective indicates a potential upside of 20.39% from the stock’s current price.
IAG has been the topic of a number of other research reports. Deutsche Bank reissued a “buy” rating and set a GBX 750 ($9.80) price objective on shares of International Consolidated Airlns Grp in a report on Wednesday, July 18th. Barclays reissued an “overweight” rating on shares of International Consolidated Airlns Grp in a report on Monday, October 15th. Credit Suisse Group set a GBX 895 ($11.69) price objective on shares of International Consolidated Airlns Grp and gave the stock a “buy” rating in a report on Monday, August 6th. Citigroup raised shares of International Consolidated Airlns Grp to a “buy” rating and boosted their price objective for the stock from GBX 760 ($9.93) to GBX 907 ($11.85) in a report on Thursday, August 30th. Finally, HSBC decreased their price objective on shares of International Consolidated Airlns Grp from GBX 590 ($7.71) to GBX 500 ($6.53) and set a “reduce” rating on the stock in a report on Thursday, October 18th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of GBX 729.82 ($9.54).
IAG stock opened at GBX 585.60 ($7.65) on Friday. International Consolidated Airlns Grp has a 52 week low of GBX 516 ($6.74) and a 52 week high of GBX 680.60 ($8.89).
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, IAG Cargo, Avios, and Aer Lingus brands.
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