HSBC reissued their reduce rating on shares of International Consolidated Airlns Grp SA (LON:IAG) in a research note published on Tuesday morning. They currently have a GBX 325 ($4.24) price objective on the stock.

A number of other research firms have also recently weighed in on IAG. Goldman Sachs Group Inc. dropped their price objective on shares of International Consolidated Airlns Grp SA from GBX 477 ($6.23) to GBX 460 ($6.00) and set a neutral rating on the stock in a report on Monday, August 1st. Deutsche Bank AG dropped their price objective on shares of International Consolidated Airlns Grp SA from GBX 590 ($7.70) to GBX 570 ($7.44) and set a buy rating on the stock in a report on Wednesday, September 7th. Societe Generale reaffirmed a buy rating and issued a GBX 500 ($6.53) price objective on shares of International Consolidated Airlns Grp SA in a report on Monday, July 11th. Goodbody reaffirmed a buy rating on shares of International Consolidated Airlns Grp SA in a report on Thursday, June 23rd. Finally, Credit Suisse Group AG reaffirmed an outperform rating and issued a GBX 529 ($6.91) price objective on shares of International Consolidated Airlns Grp SA in a report on Friday, July 15th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and twenty-four have issued a buy rating to the stock. International Consolidated Airlns Grp SA presently has a consensus rating of Buy and a consensus price target of GBX 607.77 ($7.93).

International Consolidated Airlns Grp SA (LON:IAG) opened at 404.50 on Tuesday. The stock has a 50 day moving average of GBX 400.94 and a 200-day moving average of GBX 469.50. International Consolidated Airlns Grp SA has a 52-week low of GBX 336.06 and a 52-week high of GBX 619.00. The firm’s market cap is GBX 7.84 billion.

International Consolidated Airlns Grp SA Company Profile

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.

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