Published On: Sun, Sep 18th, 2016

International Consolidated Airlns Grp SA (IAG) Given Overweight Rating at Barclays PLC

International Consolidated Airlns Grp SA (LON:IAG)‘s stock had its “overweight” rating reiterated by analysts at Barclays PLC in a research note issued on Monday. They currently have a GBX 420 ($5.59) price objective on the stock. Barclays PLC’s target price points to a potential upside of 0.26% from the company’s previous close.
Several other equities analysts also recently commented on the company. JPMorgan Chase & Co. reiterated an “underweight” rating and set a GBX 225 ($3.00) price target on shares of International Consolidated Airlns Grp SA in a report on Friday, July 29th. Numis Securities Ltd reiterated a “buy” rating and set a GBX 484 ($6.45) price target on shares of International Consolidated Airlns Grp SA in a report on Thursday, July 28th. Liberum Capital reiterated a “hold” rating and set a GBX 375 ($4.99) price target on shares of International Consolidated Airlns Grp SA in a report on Thursday, July 28th. Peel Hunt downgraded shares of International Consolidated Airlns Grp SA to a “hold” rating and set a GBX 340 ($4.53) price objective on the stock. in a research note on Thursday, July 28th. Finally, HSBC restated a “reduce” rating and issued a GBX 300 ($4.00) price objective on shares of International Consolidated Airlns Grp SA in a research note on Tuesday, July 19th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and twenty-four have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of GBX 607.77 ($8.10).
International Consolidated Airlns Grp SA (LON:IAG) opened at 418.90 on Monday. The company’s market cap is GBX 8.12 billion. The stock’s 50 day moving average is GBX 400.16 and its 200 day moving average is GBX 473.34. International Consolidated Airlns Grp SA has a 52-week low of GBX 336.06 and a 52-week high of GBX 619.00.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/18/international-consolidated-airlns-grp-sa-iag-given-overweight-rating-at-barclays-plc.html

About International Consolidated Airlns Grp SA
International Consolidated Airlines Group, SA (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.

Receive News & Ratings for International Consolidated Airlns Grp SA Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for International Consolidated Airlns Grp SA and related companies with MarketBeat.com’s FREE daily email newsletter.

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>