International Consolidated Airlines Group, S.A. (LON:IAG) Receives GBX 237.53 Consensus Price Target from Analysts

Shares of International Consolidated Airlines Group, S.A. (LON:IAG) have earned an average rating of “Buy” from the eighteen analysts that are covering the firm, MarketBeat reports. Seven equities research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 237.53 ($3.10).

A number of research firms have weighed in on IAG. Sanford C. Bernstein reiterated a “buy” rating and set a GBX 250 ($3.27) price target on shares of International Consolidated Airlines Group in a research note on Monday, March 22nd. Credit Suisse Group set a GBX 228 ($2.98) price target on International Consolidated Airlines Group and gave the company a “buy” rating in a report on Friday, February 26th. Barclays reissued a “buy” rating and set a GBX 205 ($2.68) price objective on shares of International Consolidated Airlines Group in a report on Monday, March 1st. The Goldman Sachs Group set a GBX 190 ($2.48) price objective on International Consolidated Airlines Group and gave the stock a “buy” rating in a report on Monday, March 1st. Finally, Bank of America raised their price objective on International Consolidated Airlines Group from GBX 230 ($3.00) to GBX 250 ($3.27) and gave the company a “buy” rating in a research note on Monday, March 1st.

In other news, insider Heather Ann McSharry acquired 55,000 shares of the business’s stock in a transaction dated Thursday, March 25th. The stock was purchased at an average price of GBX 190 ($2.48) per share, for a total transaction of £104,500 ($136,529.92).

Shares of IAG stock opened at GBX 214.34 ($2.80) on Monday. International Consolidated Airlines Group has a 12 month low of GBX 86.54 ($1.13) and a 12 month high of GBX 361.40 ($4.72). The company has a quick ratio of 0.59, a current ratio of 0.68 and a debt-to-equity ratio of 1,191.41. The business’s 50 day moving average is GBX 198.28 and its two-hundred day moving average is GBX 152.33. The company has a market cap of £10.65 billion and a PE ratio of -0.94.

International Consolidated Airlines Group Company Profile

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, Aer Lingus, and LEVEL brands.

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Analyst Recommendations for International Consolidated Airlines Group (LON:IAG)

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