International Consolidated Airlns Grp SA (IAG) PT Raised to GBX 705

International Consolidated Airlns Grp SA (LON:IAG) had its price target upped by research analysts at Goldman Sachs Group Inc from GBX 630 ($8.13) to GBX 705 ($9.10) in a report issued on Monday, May 8th. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group Inc’s target price indicates a potential upside of 19.39% from the company’s current price.

Other equities research analysts also recently issued reports about the company. Numis Securities Ltd reissued a “buy” rating and issued a GBX 238 ($3.07) price objective on shares of International Consolidated Airlns Grp SA in a report on Wednesday, May 3rd. HSBC Holdings plc set a GBX 490 ($6.33) price target on International Consolidated Airlns Grp SA and gave the stock a “sell” rating in a report on Wednesday, April 12th. Peel Hunt reaffirmed an “under review” rating on shares of International Consolidated Airlns Grp SA in a report on Wednesday, May 3rd. Liberum Capital raised International Consolidated Airlns Grp SA to a “buy” rating and increased their price target for the stock from GBX 525 ($6.78) to GBX 700 ($9.04) in a report on Thursday, March 9th. Finally, Citigroup Inc reaffirmed a “buy” rating on shares of International Consolidated Airlns Grp SA in a report on Monday, May 8th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and fifteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 493.95 ($6.38).

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

Shares of International Consolidated Airlns Grp SA (LON:IAG) traded up 0.93% on Monday, reaching GBX 596.00. 6,734,739 shares of the company were exchanged. The firm’s 50 day moving average price is GBX 560.27 and its 200 day moving average price is GBX 501.09. The stock’s market capitalization is GBX 16.09 billion. International Consolidated Airlns Grp SA has a 52 week low of GBX 281.73 and a 52 week high of GBX 614.69.

The company also recently declared a dividend, which will be paid on Monday, July 3rd. Stockholders of record on Thursday, June 29th will be issued a €0.13 ($0.14) dividend. The ex-dividend date of this dividend is Thursday, June 29th. This represents a dividend yield of 2.03%.

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International Consolidated Airlns Grp SA Company Profile

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.

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