Trade Report: Today, International Consolidated Airlns Grp SA (IAG) Given “Neutral” Rating at Credit Suisse Group AG

Today, International Consolidated Airlns Grp SA (IAG) Given “Neutral” Rating at Credit Suisse Group AG

Credit Suisse Group AG reaffirmed their neutral rating on shares of International Consolidated Airlns Grp SA (LON:IAG) in a research report sent to investors on Friday. Credit Suisse Group AG currently has a GBX 439 ($5.43) target price on the stock.

IAG has been the subject of a number of other reports. Peel Hunt raised shares of International Consolidated Airlns Grp SA to an add rating and reduced their price target for the stock from GBX 340 ($4.21) to GBX 300 ($3.71) in a research note on Friday, September 2nd. Barclays PLC reiterated an overweight rating and issued a GBX 420 ($5.20) target price on shares of International Consolidated Airlns Grp SA in a report on Tuesday, August 30th. Liberum Capital reiterated a hold rating and issued a GBX 375 ($4.64) target price on shares of International Consolidated Airlns Grp SA in a report on Thursday, September 1st. Numis Securities Ltd reiterated a buy rating and issued a GBX 484 ($5.99) target price on shares of International Consolidated Airlns Grp SA in a report on Thursday, September 22nd. Finally, Canaccord Genuity reiterated a buy rating on shares of International Consolidated Airlns Grp SA in a report on Tuesday, September 6th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and twenty-five have assigned a buy rating to the stock. International Consolidated Airlns Grp SA presently has an average rating of Buy and an average target price of GBX 582.68 ($7.21).

Shares of International Consolidated Airlns Grp SA (LON:IAG) traded up 0.45% during trading on Friday, hitting GBX 381.10. 4,620,705 shares of the company’s stock were exchanged. The firm’s market capitalization is GBX 7.38 billion. International Consolidated Airlns Grp SA has a 1-year low of GBX 281.73 and a 1-year high of GBX 619.00. The stock’s 50 day moving average is GBX 396.88 and its 200 day moving average is GBX 452.53.

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