Analysts at Macquarie started coverage on shares of International Consolidated Airlns Grp SA (LON:IAG) in a research note issued on Wednesday. The firm set an “outperform” rating and a GBX 170 ($2.10) price target on the stock. Macquarie’s price objective suggests a potential downside of 54.80% from the stock’s current price.

Several other analysts also recently commented on IAG. Goodbody reaffirmed a “buy” rating on shares of International Consolidated Airlns Grp SA in a report on Thursday, June 23rd. Royal Bank Of Canada downgraded shares of International Consolidated Airlns Grp SA to an “underperform” rating and cut their price objective for the company from GBX 660 ($8.17) to GBX 400 ($4.95) in a report on Friday, June 24th. Shore Capital reissued a “buy” rating on shares of International Consolidated Airlns Grp SA in a report on Friday, June 24th. Goldman Sachs Group Inc. reissued a “neutral” rating and issued a GBX 800 ($9.90) price objective on shares of International Consolidated Airlns Grp SA in a report on Monday, June 27th. Finally, Cenkos Securities Ltd reissued a “buy” rating on shares of International Consolidated Airlns Grp SA in a report on Wednesday, June 29th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and twenty-five have issued a buy rating to the stock. International Consolidated Airlns Grp SA has an average rating of “Buy” and an average target price of GBX 588.14 ($7.28).

Analyst Recommendations for International Consolidated Airlns Grp SA (LON:IAG)

International Consolidated Airlns Grp SA (LON:IAG) opened at 383.30 on Wednesday. The firm’s market cap is GBX 7.43 billion. International Consolidated Airlns Grp SA has a one year low of GBX 283.27 and a one year high of GBX 619.00. The company has a 50-day moving average price of GBX 398.54 and a 200-day moving average price of GBX 454.57.

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.

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