International Consolidated Airlns Grp (LON:IAG) Rating Reiterated by Royal Bank of Canada

International Consolidated Airlns Grp (LON:IAG)‘s stock had its “outperform” rating reaffirmed by Royal Bank of Canada in a report released on Monday, MarketBeat Ratings reports. They presently have a GBX 650 ($8.49) price objective on the stock. Royal Bank of Canada’s price objective indicates a potential upside of 47.49% from the company’s current price.

A number of other analysts have also recently issued reports on IAG. Barclays reaffirmed an “overweight” rating on shares of International Consolidated Airlns Grp in a research report on Monday, August 5th. Liberum Capital reissued a “buy” rating on shares of International Consolidated Airlns Grp in a report on Friday, August 2nd. UBS Group restated a “buy” rating and issued a GBX 705 ($9.21) price target on shares of International Consolidated Airlns Grp in a research note on Tuesday, September 3rd. HSBC set a GBX 460 ($6.01) price target on International Consolidated Airlns Grp and gave the company a “neutral” rating in a report on Monday, August 12th. Finally, Credit Suisse Group set a GBX 713 ($9.32) price objective on shares of International Consolidated Airlns Grp and gave the stock a “buy” rating in a research report on Friday, August 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company’s stock. International Consolidated Airlns Grp currently has an average rating of “Buy” and an average price target of GBX 643.58 ($8.41).

Shares of LON:IAG opened at GBX 440.70 ($5.76) on Monday. International Consolidated Airlns Grp has a 52-week low of GBX 411.50 ($5.38) and a 52-week high of GBX 697.20 ($9.11). The company has a debt-to-equity ratio of 194.65, a quick ratio of 0.69 and a current ratio of 0.85. The company has a market capitalization of $8.60 billion and a P/E ratio of 2.75. The company has a 50-day simple moving average of GBX 434.56 and a 200 day simple moving average of GBX 493.95.

International Consolidated Airlns Grp Company Profile

International Consolidated Airlines Group, SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, Ireland, the United States, and rest of the world. The company operates under the British Airways, Iberia, Vueling, LEVEL, and Aer Lingus brands.

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

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