International Consolidated Airlines Group (LON:IAG) Given a GBX 195 Price Target at Credit Suisse Group

International Consolidated Airlines Group (LON:IAG) has been given a GBX 195 ($2.55) target price by research analysts at Credit Suisse Group in a research note issued on Monday, Borsen Zeitung reports. Credit Suisse Group’s price objective indicates a potential upside of 13.84% from the company’s previous close.

Several other equities analysts have also recently issued reports on IAG. restated a “buy” rating and issued a GBX 250 ($3.27) price target on shares of International Consolidated Airlines Group in a research report on Tuesday, June 8th. 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 report on Wednesday, June 16th. UBS Group set a GBX 255 ($3.33) target price on International Consolidated Airlines Group in a research note on Tuesday, August 3rd. Liberum Capital upgraded International Consolidated Airlines Group to a “buy” rating and set a GBX 215 ($2.81) price target for the company in a report on Wednesday, August 11th. Finally, The Goldman Sachs Group set a GBX 204 ($2.67) target price on shares of International Consolidated Airlines Group in a research report on Friday, July 30th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 217 ($2.84).

LON:IAG opened at GBX 171.30 ($2.24) on Monday. The stock has a 50-day simple moving average of GBX 163.06 and a 200-day simple moving average of GBX 186.53. The stock has a market cap of £8.50 billion and a P/E ratio of -1.74. International Consolidated Airlines Group has a 1 year low of GBX 2.06 ($0.03) and a 1 year high of GBX 222.10 ($2.90). The company has a debt-to-equity ratio of 2,163.13, a quick ratio of 0.73 and a current ratio of 0.86.

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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