International Consolidated Airlns Grp (IAG) Earns Buy Rating from Deutsche Bank

Deutsche Bank reiterated their buy rating on shares of International Consolidated Airlns Grp (LON:IAG) in a research note published on Monday, November 13th. They currently have a GBX 730 ($9.78) price target on the stock.

A number of other brokerages have also issued reports on IAG. set a GBX 550 ($7.37) price target on shares of International Consolidated Airlns Grp and gave the stock a sell rating in a research note on Thursday, October 12th. UBS set a GBX 685 ($9.17) target price on shares of International Consolidated Airlns Grp and gave the stock a buy rating in a research report on Tuesday, September 5th. Liberum Capital restated a buy rating and set a GBX 875 ($11.72) target price on shares of International Consolidated Airlns Grp in a research report on Monday, October 2nd. J P Morgan Chase & Co restated a neutral rating on shares of International Consolidated Airlns Grp in a research report on Monday, October 30th. Finally, Credit Suisse Group upped their target price on shares of International Consolidated Airlns Grp from GBX 686 ($9.19) to GBX 721 ($9.66) and gave the stock an outperform rating in a research report on Wednesday, October 18th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of GBX 591.35 ($7.92).

Shares of International Consolidated Airlns Grp (LON IAG) traded down GBX 1.50 ($0.02) during trading on Monday, hitting GBX 611.50 ($8.19). 7,510,000 shares of the stock were exchanged, compared to its average volume of 10,440,000. International Consolidated Airlns Grp has a twelve month low of GBX 358.26 ($4.80) and a twelve month high of GBX 679.77 ($9.10).

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

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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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