International Consolidated Airlns Grp (LON:IAG) Earns Buy Rating from Citigroup

Citigroup reissued their buy rating on shares of International Consolidated Airlns Grp (LON:IAG) in a report released on Tuesday, Digital Look reports. They currently have a GBX 750 ($9.87) price target on the stock.

Several other equities analysts have also recently issued reports on IAG. Goldman Sachs Group reissued a buy rating and issued a GBX 700 ($9.21) price objective on shares of International Consolidated Airlns Grp in a research note on Monday, December 16th. Berenberg Bank reissued a buy rating on shares of International Consolidated Airlns Grp in a research note on Wednesday, January 29th. Sanford C. Bernstein boosted their price objective on shares of International Consolidated Airlns Grp from GBX 650 ($8.55) to GBX 700 ($9.21) and gave the company an outperform rating in a research note on Monday, January 13th. Barclays boosted their price objective on shares of International Consolidated Airlns Grp from GBX 665 ($8.75) to GBX 777 ($10.22) and gave the company an overweight rating in a research note on Wednesday, January 22nd. Finally, HSBC upgraded shares of International Consolidated Airlns Grp to a buy rating and boosted their target price for the stock from GBX 550 ($7.23) to GBX 750 ($9.87) in a research report on Friday, December 13th. Sixteen equities research analysts have rated the stock with a buy rating, The company has an average rating of Buy and a consensus price target of GBX 704.93 ($9.27).

Shares of IAG opened at GBX 639.60 ($8.41) on Tuesday. The company has a debt-to-equity ratio of 194.65, a quick ratio of 0.69 and a current ratio of 0.85. The stock has a market capitalization of $12.69 billion and a P/E ratio of 4.00. The company’s fifty day moving average is GBX 623.62 and its two-hundred day moving average is GBX 531.41. International Consolidated Airlns Grp has a 1 year low of GBX 5.58 ($0.07) and a 1 year high of GBX 684 ($9.00).

International Consolidated Airlns Grp 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, LEVEL, and Aer Lingus brands.

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

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