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 an airline company holding interests in airline and ancillary operations. The Company’s segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. British Airways is an international airline and carrier. Iberia is an airline between Europe and Latin America. Together with its Iberia Express and its franchise airline Iberia Regional Air Nostrum, Iberia operates over 600 flights each day to approximately 120 destinations in over 40 countries. Vueling is an airline at Barcelona-El Prat Airport and operates over 280 routes to approximately 130 cities in Europe, Middle East and Africa. It has over 20 operational bases and approximately 90 aircraft. Aer Lingus has a fleet of over 50 aircraft operating from central airport locations in the United Kingdom, Continental Europe and North America on approximately 100 routes. Other Group companies include Avios and companies, such as IAG, IAG GBS and IAG Cargo.