Published On: Wed, Oct 19th, 2016

Shares Of International Consolidated Airlines Group (LON:IAG) Rated As Outperform By Analysts At Credit Suisse


According to an update released by analysts at Credit Suisse the broker has now set a ‘Outperform’ rating on shares of International Consolidated Airlines Group (LON:IAG) with a price target of 439.

Credit Suisse on Wednesday upgraded International Consolidated Airlines Group’s analyst rating to ‘Outperform’ with its price target of 439 highlighting a potential increase of 11.68% from International Consolidated Airlines Group’s current price of 393.1.

LON:IAG


Over the last twelve months International Consolidated Airlines Group’s stock price has decreased from 560.51 to 393.1, a change of -29.87%.

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

The company has a 50 day moving average of 396.28 and a 200 day moving average of 448.8. The 52 week high shares of International Consolidated Airlines Group have reached is 619 whilst the 52 week low for the company’s shares is 281.73.

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.