International Consolidated Airlines Group (LON:IAG) Rating Reiterated by Barclays

International Consolidated Airlines Group (LON:IAG)‘s stock had its “buy” rating reissued by equities researchers at Barclays in a research report issued to clients and investors on Wednesday, Price Targets.com reports. They presently have a GBX 230 ($3.00) target price on the stock. Barclays‘s target price would indicate a potential upside of 17.28% from the company’s current price.

A number of other equities analysts have also weighed in on the company. Credit Suisse Group set a GBX 228 ($2.98) target price on International Consolidated Airlines Group and gave the stock a “buy” rating in a research report on Friday, April 16th. Berenberg Bank boosted their price objective on International Consolidated Airlines Group from GBX 190 ($2.48) to GBX 230 ($3.00) and gave the company a “buy” rating in a research note on Monday, March 1st. UBS Group restated a “buy” rating and issued a GBX 285 ($3.72) price target on shares of International Consolidated Airlines Group in a research note on Thursday, March 18th. Sanford C. Bernstein restated a “buy” rating and issued a GBX 250 ($3.27) price target on shares of International Consolidated Airlines Group in a research note on Monday, March 22nd. Finally, Bank of America upped their price objective on International Consolidated Airlines Group from GBX 230 ($3.00) to GBX 250 ($3.27) and gave the stock a “buy” rating in a report on Monday, March 1st. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 236.44 ($3.09).

IAG opened at GBX 196.12 ($2.56) on Wednesday. The stock has a 50-day moving average price of GBX 207.01 and a 200-day moving average price of GBX 159.62. The company has a debt-to-equity ratio of 1,191.41, a current ratio of 0.68 and a quick ratio of 0.59. The firm has a market cap of £9.74 billion and a PE ratio of -1.17. International Consolidated Airlines Group has a 1 year low of GBX 86.54 ($1.13) and a 1 year high of GBX 361.40 ($4.72).

In other news, insider Heather Ann McSharry bought 55,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 25th. The stock was purchased at an average cost of GBX 190 ($2.48) per share, with a total value of £104,500 ($136,529.92).

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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