International Consolidated Airlines (LON:IAG) was downgraded by equities research analysts at Investec from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, AR Network reports. They currently have a GBX 320 ($4.98) price objective on the stock, up from their previous price objective of GBX 270 ($4.20). Investec’s price target would suggest a potential upside of 1.33% from the stock’s previous close.
International Consolidated Airlines (LON:IAG) opened at 302.20 on Tuesday. International Consolidated Airlines has a one year low of GBX 138.20 and a one year high of GBX 332.00. The stock’s 50-day moving average is GBX 297.7 and its 200-day moving average is GBX 267..
A number of other firms have also recently commented on IAG. Analysts at AlphaValue reiterated a “sell” rating on shares of International Consolidated Airlines in a research note to investors on Thursday, August 22nd. They now have a GBX 217.42 ($3.39) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of International Consolidated Airlines in a research note to investors on Wednesday, August 14th. They now have a GBX 360 ($5.61) price target on the stock. Finally, analysts at Nomura raised their price target on shares of International Consolidated Airlines from GBX 283 ($4.41) to GBX 335 ($5.22) in a research note to investors on Wednesday, August 14th. They now have a “buy” rating on the stock.
Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and eighteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 460.08 ($7.17).
International Consolidated Airlines Group, SA (LON:IAG) is an airline company.
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