The Analysts give average Rating of “Buy” to International Consolidated Airlns Grp SA (LON:IAG)

The Analysts give average Rating of “Buy” to International Consolidated Airlns Grp SA (LON:IAG)

International Consolidated Airlns Grp SA (LON:IAG) has been given a consensus recommendation of “Buy” by the thirty-three ratings firms that are currently covering the stock. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and twenty-five have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is GBX 596.20 ($7.78).

Several equities analysts have commented on IAG shares. Peel Hunt raised International Consolidated Airlns Grp SA to an “add” rating and cut their price target for the company from GBX 340 ($4.44) to GBX 300 ($3.92) in a report on Friday, September 2nd. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 420 ($5.48) price target on shares of International Consolidated Airlns Grp SA in a report on Tuesday, August 30th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 375 ($4.89) price target on shares of International Consolidated Airlns Grp SA in a report on Thursday, September 1st. Canaccord Genuity reaffirmed a “buy” rating on shares of International Consolidated Airlns Grp SA in a report on Tuesday, September 6th. Finally, Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 484 ($6.32) price target on shares of International Consolidated Airlns Grp SA in a report on Thursday, September 22nd.

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