International Consolidated Airlns Grp (LON:IAG) was upgraded by analysts at Citigroup to a “buy” rating in a report issued on Thursday. The brokerage presently has a GBX 907 ($11.70) price objective on the stock, up from their previous price objective of GBX 760 ($9.80). Citigroup’s price objective points to a potential upside of 30.96% from the stock’s previous close.

A number of other research analysts have also recently commented on the stock. Royal Bank of Canada reiterated a “sector performer” rating and set a GBX 740 ($9.55) price target on shares of International Consolidated Airlns Grp in a research report on Wednesday, August 8th. HSBC set a GBX 585 ($7.55) price target on shares of International Consolidated Airlns Grp and gave the company a “sell” rating in a research report on Tuesday, August 7th. ICAP increased their price target on shares of International Consolidated Airlns Grp from GBX 765 ($9.87) to GBX 780 ($10.06) and gave the company a “buy” rating in a research report on Monday, August 6th. Credit Suisse Group set a GBX 895 ($11.55) price target on shares of International Consolidated Airlns Grp and gave the company a “buy” rating in a research report on Monday, August 6th. Finally, Barclays reiterated an “overweight” rating and set a GBX 780 ($10.06) price target on shares of International Consolidated Airlns Grp in a research report on Monday, August 6th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of GBX 755.41 ($9.74).

Shares of LON IAG opened at GBX 692.60 ($8.93) on Thursday. International Consolidated Airlns Grp has a one year low of GBX 516 ($6.66) and a one year high of GBX 680.60 ($8.78).

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

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