International Airlines Group (IAG) Upgraded to Hold by HSBC
HSBC upgraded shares of International Airlines Group (LON:IAG) to a hold rating in a report published on Friday. The brokerage currently has GBX 570 ($8.16) price objective on the stock, up from their previous price objective of GBX 565 ($8.09).
A number of other research firms have also commented on IAG. Liberum Capital reaffirmed a buy rating and set a GBX 875 ($12.53) price target on shares of International Airlines Group in a research report on Monday, January 15th. Credit Suisse Group reaffirmed an outperform rating and set a GBX 721 ($10.32) price target on shares of International Airlines Group in a research report on Tuesday, January 2nd. UBS set a GBX 745 ($10.67) price target on International Airlines Group and gave the company a buy rating in a research report on Tuesday, January 23rd. Sanford C. Bernstein set a GBX 710 ($10.17) price target on International Airlines Group and gave the company a buy rating in a research report on Tuesday, January 2nd. Finally, Deutsche Bank reaffirmed a buy rating and set a GBX 730 ($10.45) price target on shares of International Airlines Group in a research report on Friday, January 19th. One analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of GBX 673.06 ($9.64).
IAG opened at GBX 614.60 ($8.80) on Friday. International Airlines Group has a one year low of GBX 516 ($7.39) and a one year high of GBX 680.60 ($9.75).
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International Airlines Group Company Profile
International Consolidated Airlines Group, SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, Ireland, the United States, and rest of the world. The company operates under the British Airways, Iberia, Vueling, LEVEL, IAG Cargo, Avios, and Aer Lingus brands.
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