Published On: Wed, Oct 19th, 2016

Goldman Sachs Indicates Potential 19.31% Increase In Shares Of International Consolidated Airlines Group Sa (cdi)


On Wednesday Goldman Sachs upgraded its broker consensus on shares of International Consolidated Airlines Group Sa (cdi) (LON:IAG) giving the company a ‘Outperform’ rating.

Goldman Sachs gave shares of International Consolidated Airlines Group Sa (cdi) a price target of 469 indicating a potential increase of 19.31% from International Consolidated Airlines Group Sa (cdi)’s current price of 393.1.

LON:IAG


In the prior 12 months International Consolidated Airlines Group Sa (cdi)’s stock price has decreased by -29.87% from 560.51 to 393.1.

International Consolidated Airlines Group Sa (cdi) has 1,937,551,000 shares in issue which have a share price of 393.1 giving International Consolidated Airlines Group Sa (cdi) a market capitalisation of 7.62B GBp .

The 52 week high of International Consolidated Airlines Group Sa (cdi)’s shares is 619 whilst the 52 week low for the company’s shares is 281.73. The 50 day moving average of LON:IAG is 396.28 and the 200 day moving average is 448.8.

International Consolidated Airlines Group, S.A. (IAG) is a holding company. The Company is an airline company, which holds the interests of airline and ancillary operations. Its segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. IAG combines the airlines in the United Kingdom, Spain and Ireland. It has approximately 530 aircraft flying to over 280 destinations. It operates various aircraft fleet services, including Airbus A318, Airbus A319, Boeing 787-900, Embraer E190 and Boeing 777-200, among others. IAG, through its subsidiaries, is engaged in providing airline operations, insurance, aircraft maintenance, air freight operations and cargo transport services. It offers services in cities, including London, Madrid, Barcelona, Rome and Dublin. Its brands include British Airways, Iberia, Vueling, Aer Lingus and IAG Cargo. Its subsidiaries include British Airways Capital Limited, AERL Holding Limited, ALG Trustee Limited, Bealine Plc and others.