Credit Suisse Group AG Boosts International Consolidated Airlns Grp SA (IAG) Price Target to GBX 686

International Consolidated Airlns Grp SA (LON:IAG) had its target price hoisted by analysts at Credit Suisse Group AG from GBX 657 ($8.48) to GBX 686 ($8.86) in a research note issued to investors on Monday, May 8th. The firm presently has an “outperform” rating on the stock. Credit Suisse Group AG’s price objective suggests a potential upside of 15.10% from the stock’s current price.

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

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

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

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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.

12 Month Chart for LON:IAG

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