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

Shares of International Consolidated Airlines Group, S.A. (LON:IAG) have been assigned an average rating of “Buy” from the eighteen research firms that are presently covering the stock, Marketbeat reports. Seven analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 237.53 ($3.10).

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

In other International Consolidated Airlines Group news, insider Heather Ann McSharry bought 55,000 shares of the stock in a transaction on 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. 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 company has a market capitalization of £10.65 billion and a P/E ratio of -0.94. The company’s 50-day simple moving average is GBX 198.28 and its two-hundred day simple moving average is GBX 152.33. International Consolidated Airlines Group has a one year low of GBX 86.54 ($1.13) and a one year high of GBX 361.40 ($4.72).

About International Consolidated Airlines Group

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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