International Consolidated Airlns Grp’s (IAG) Buy Rating Reaffirmed at Liberum Capital

International Consolidated Airlns Grp (LON:IAG)‘s stock had its “buy” rating reiterated by analysts at Liberum Capital in a research note issued on Friday. They presently have a GBX 875 ($11.70) price objective on the stock. Liberum Capital’s target price suggests a potential upside of 31.78% from the stock’s previous close.

A number of other analysts also recently commented on IAG. Sanford C. Bernstein set a GBX 710 ($9.49) target price on shares of International Consolidated Airlns Grp and gave the stock a “buy” rating in a report on Tuesday, January 2nd. Deutsche Bank reiterated a “buy” rating and issued a GBX 680 ($9.09) target price on shares of International Consolidated Airlns Grp in a report on Tuesday, October 3rd. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of International Consolidated Airlns Grp in a report on Monday, October 30th. set a GBX 550 ($7.35) target price on shares of International Consolidated Airlns Grp and gave the stock a “sell” rating in a report on Tuesday, October 3rd. Finally, Barclays reiterated an “overweight” rating and issued a GBX 780 ($10.43) target price on shares of International Consolidated Airlns Grp in a report on Tuesday, December 5th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the stock. International Consolidated Airlns Grp has a consensus rating of “Hold” and an average target price of GBX 612.74 ($8.19).

Shares of International Consolidated Airlns Grp (LON IAG) opened at GBX 664 ($8.88) on Friday. International Consolidated Airlns Grp has a fifty-two week low of GBX 445.90 ($5.96) and a fifty-two week high of GBX 680.60 ($9.10). The company has a market cap of $13,620.00 and a P/E ratio of 840.51.

In related news, insider Nicola Shaw acquired 1,495 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The shares were purchased at an average cost of GBX 668 ($8.93) per share, with a total value of £9,986.60 ($13,352.85).

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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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