International Consolidated Airlns Grp SA (LON:IAG) had its price target lifted by Credit Suisse Group from GBX 686 ($9.02) to GBX 721 ($9.48) in a research note released on Wednesday, October 18th. They currently have an outperform rating on the stock.
IAG has been the subject of several other reports. Davy Research cut International Consolidated Airlns Grp SA to a neutral rating in a research report on Tuesday, August 22nd. Deutsche Bank AG set a GBX 680 ($8.94) price target on International Consolidated Airlns Grp SA and gave the stock a buy rating in a research note on Tuesday, August 29th. UBS AG set a GBX 685 ($9.01) price target on International Consolidated Airlns Grp SA and gave the stock a buy rating in a research note on Tuesday, September 5th. Barclays PLC lifted their price target on International Consolidated Airlns Grp SA from GBX 600 ($7.89) to GBX 665 ($8.75) and gave the stock an overweight rating in a research note on Monday, July 17th. Finally, BNP Paribas reissued an outperform rating and issued a GBX 750 ($9.86) target price on shares of International Consolidated Airlns Grp SA in a research note on Tuesday, July 18th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company. International Consolidated Airlns Grp SA presently has a consensus rating of Hold and an average price target of GBX 591.52 ($7.78).
International Consolidated Airlns Grp SA (LON:IAG) traded down GBX 2 ($0.03) during trading on Wednesday, reaching GBX 619.50 ($8.15). The company had a trading volume of 10,212,451 shares.
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The company also recently announced a dividend, which will be paid on Monday, December 4th. Shareholders of record on Thursday, November 30th will be issued 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%.
About International Consolidated Airlns Grp SA
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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