Trade Report: The International Consolidated Airlns Grp SA (IAG) Stock Rating Reaffirmed by Goldman Sachs Group Inc.

The International Consolidated Airlns Grp SA (IAG) Stock Rating Reaffirmed by Goldman Sachs Group Inc.

International Consolidated Airlns Grp SA (LON:IAG)‘s stock had its “buy” rating reaffirmed by equities researchers at Goldman Sachs Group Inc. in a research note issued to investors on Thursday.

Several other equities analysts have also weighed in on IAG. Goodbody reissued a “buy” rating on shares of International Consolidated Airlns Grp SA in a report on Thursday, June 23rd. Royal Bank Of Canada lowered International Consolidated Airlns Grp SA to an “underperform” rating and reduced their price objective for the company from GBX 660 ($8.62) to GBX 400 ($5.22) 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. Cenkos Securities Ltd reissued a “buy” rating on shares of International Consolidated Airlns Grp SA in a report on Wednesday, June 29th. Finally, Barclays PLC reduced their price objective on International Consolidated Airlns Grp SA from GBX 700 ($9.14) to GBX 420 ($5.48) and set an “overweight” rating for the company in a report on Wednesday, July 6th. Three 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’s stock. The company has an average rating of “Buy” and an average price target of GBX 607.77 ($7.93).

International Consolidated Airlns Grp SA (LON:IAG) opened at 358.60 on Thursday. The company’s market cap is GBX 6.95 billion. International Consolidated Airlns Grp SA has a 52 week low of GBX 283.27 and a 52 week high of GBX 619.00. The stock has a 50 day moving average price of GBX 399.31 and a 200 day moving average price of GBX 458.00.

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