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.


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 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.