International Consolidated Airlns Grp SA (IAG) Given “Buy” Rating at Citigroup Inc

Citigroup Inc reissued their buy rating on shares of International Consolidated Airlns Grp SA (LON:IAG) in a research report sent to investors on Wednesday, StockTargetPrices.com reports. The brokerage currently has a GBX 300 ($3.71) price target on the stock.

Other analysts have also issued reports about the stock. Credit Suisse Group AG restated an outperform rating and issued a GBX 606 ($7.48) price objective on shares of International Consolidated Airlns Grp SA in a report on Thursday, January 12th. Goldman Sachs Group Inc upgraded shares of International Consolidated Airlns Grp SA to a buy rating and raised their price objective for the stock from GBX 490 ($6.05) to GBX 580 ($7.16) in a report on Friday, January 27th. Liberum Capital restated an under review rating on shares of International Consolidated Airlns Grp SA in a report on Monday, December 12th. Numis Securities Ltd restated a buy rating and issued a GBX 236 ($2.91) price objective on shares of International Consolidated Airlns Grp SA in a report on Tuesday, December 20th. Finally, JPMorgan Chase & Co. restated an underweight rating and issued a GBX 250 ($3.09) price objective on shares of International Consolidated Airlns Grp SA in a report on Monday, January 9th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and sixteen have issued a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of GBX 458.84 ($5.67).

Analyst Recommendations for International Consolidated Airlns Grp SA (LON:IAG)

International Consolidated Airlns Grp SA (LON:IAG) opened at 565.00 on Wednesday. The stock has a 50 day moving average price of GBX 521.18 and a 200 day moving average price of GBX 454.65. International Consolidated Airlns Grp SA has a 12-month low of GBX 281.73 and a 12-month high of GBX 576.84. The company’s market capitalization is GBX 11.98 billion.

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International Consolidated Airlns Grp SA Company Profile

International Consolidated Airlines Group SA (IAG) is an airline company holding interests in airline and ancillary operations. The Company’s segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. British Airways is an international airline and carrier. Iberia is an airline between Europe and Latin America.

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