HSBC set a GBX 460 ($6.01) target price on International Consolidated Airlns Grp (LON:IAG) in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other brokerages have also recently commented on IAG. JPMorgan Chase & Co. reissued a buy rating on shares of International Consolidated Airlns Grp in a report on Wednesday, August 28th. Deutsche Bank reissued a buy rating and set a GBX 630 ($8.23) target price on shares of International Consolidated Airlns Grp in a report on Monday, August 26th. Berenberg Bank set a GBX 780 ($10.19) target price on International Consolidated Airlns Grp and gave the stock a buy rating in a report on Friday, August 2nd. Royal Bank of Canada reissued an outperform rating and set a GBX 650 ($8.49) target price on shares of International Consolidated Airlns Grp in a report on Monday, September 9th. Finally, Liberum Capital reissued a buy rating on shares of International Consolidated Airlns Grp in a report on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company. The stock has an average rating of Buy and a consensus price target of GBX 643.58 ($8.41).
Shares of LON:IAG opened at GBX 445.10 ($5.82) on Friday. International Consolidated Airlns Grp has a 12 month low of GBX 411.50 ($5.38) and a 12 month high of GBX 697.20 ($9.11). The stock has a market cap of $8.83 billion and a price-to-earnings ratio of 2.78. The stock’s 50 day moving average price is GBX 434.79 and its 200 day moving average price is GBX 489.04. The company has a debt-to-equity ratio of 194.65, a current ratio of 0.85 and a quick ratio of 0.69.
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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