International Consolidated Airlns Grp SA (LON:IAG) Given “Hold” Rating at Shore Capital

Shore Capital reiterated their hold rating on shares of International Consolidated Airlns Grp SA (LON:IAG) in a research report sent to investors on Wednesday, July 26th, StockTargetPrices.com reports.

A number of other analysts also recently issued reports on the stock. Deutsche Bank AG set a GBX 620 ($8.18) price objective on shares of International Consolidated Airlns Grp SA and gave the company a buy rating in a report on Tuesday, April 18th. Credit Suisse Group raised their target price on shares of International Consolidated Airlns Grp SA from GBX 631 ($8.32) to GBX 657 ($8.67) and gave the company an outperform rating in a research note on Thursday, April 13th. Citigroup Inc. reissued a buy rating on shares of International Consolidated Airlns Grp SA in a research note on Monday, May 15th. Goldman Sachs Group, Inc. (The) reissued a buy rating and issued a GBX 705 ($9.30) target price on shares of International Consolidated Airlns Grp SA in a research note on Tuesday, May 30th. Finally, HSBC Holdings plc reissued a reduce rating and issued a GBX 490 ($6.46) target price on shares of International Consolidated Airlns Grp SA in a research note on Tuesday, April 18th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and sixteen have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of GBX 530.67 ($7.00).

International Consolidated Airlns Grp SA (IAG) opened at 617.50 on Wednesday. International Consolidated Airlns Grp SA has a one year low of GBX 281.73 and a one year high of GBX 637.50. The firm has a 50-day moving average of GBX 605.69 and a 200-day moving average of GBX 561.01. The stock’s market capitalization is GBX 13.04 billion.

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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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