Societe Generale Reiterates Hold Rating for International Consolidated Airlns Grp SA (IAG)

Societe Generale reaffirmed their hold rating on shares of International Consolidated Airlns Grp SA (LON:IAG) in a research note published on Monday, November 6th. Societe Generale currently has a GBX 650 ($8.55) price objective on the stock.

IAG has been the topic of a number of other reports. Davy Research lowered shares of International Consolidated Airlns Grp to a neutral rating in a research report on Tuesday, August 22nd. Deutsche Bank AG set a GBX 680 ($8.94) price objective on shares of International Consolidated Airlns Grp and gave the company a buy rating in a report on Tuesday, August 29th. UBS AG set a GBX 685 ($9.01) price objective on shares of International Consolidated Airlns Grp and gave the company a buy rating in a report on Tuesday, September 5th. Barclays PLC lifted their price objective on shares of International Consolidated Airlns Grp from GBX 600 ($7.89) to GBX 665 ($8.75) and gave the company an overweight rating in a report on Monday, July 17th. Finally, BNP Paribas reissued an outperform rating and set a GBX 750 ($9.86) price objective on shares of International Consolidated Airlns Grp in a report on Tuesday, July 18th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 591.35 ($7.78).

Shares of International Consolidated Airlns Grp (IAG) traded down GBX 0.50 ($0.01) during trading hours on Monday, hitting GBX 596 ($7.84). 6,583,906 shares of the stock were exchanged, compared to its average volume of 10,870,000. International Consolidated Airlns Grp has a fifty-two week low of GBX 358.26 ($4.71) and a fifty-two week high of GBX 679.77 ($8.94).

The business also recently announced a dividend, which will be paid on Monday, December 4th. Stockholders of record on Thursday, November 30th will be paid a dividend of €0.13 ($0.15) per share. The ex-dividend date is Thursday, November 30th. This represents a dividend yield of 1.73%.

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About International Consolidated Airlns Grp

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.

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

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