Trade Report: Today, International Consolidated Airlns Grp SA (IAG) Receives “Hold” Rating from Societe Generale

Today, International Consolidated Airlns Grp SA (IAG) Receives “Hold” Rating from Societe Generale

International Consolidated Airlns Grp SA (LON:IAG)‘s stock had its “hold” rating reiterated by equities researchers at Societe Generale in a note issued to investors on Monday. They presently have a GBX 420 ($5.25) price target on the stock. Societe Generale’s target price suggests a potential downside of 4.57% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on IAG. JPMorgan Chase & Co. restated an “underweight” rating and set a GBX 225 ($2.81) price objective on shares of International Consolidated Airlns Grp SA in a research note on Friday, July 29th. Deutsche Bank AG cut their price objective on shares of International Consolidated Airlns Grp SA from GBX 610 ($7.62) to GBX 590 ($7.37) and set a “buy” rating on the stock in a research note on Monday, August 1st. Credit Suisse Group AG restated an “outperform” rating and set a GBX 469 ($5.86) price objective on shares of International Consolidated Airlns Grp SA in a research note on Thursday, October 27th. Shore Capital reaffirmed a “hold” rating and set a GBX 269 ($3.36) target price on shares of International Consolidated Airlns Grp SA in a report on Thursday, October 20th. Finally, Peel Hunt lowered International Consolidated Airlns Grp SA to a “hold” rating and set a GBX 340 ($4.25) target price on the stock. in a report on Thursday, July 28th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and twenty-three have assigned a buy rating to the company. International Consolidated Airlns Grp SA currently has an average rating of “Buy” and an average target price of GBX 561.20 ($7.01).

Shares of International Consolidated Airlns Grp SA (LON:IAG) traded down 0.09% on Monday, hitting GBX 440.10. 7,686,724 shares of the stock traded hands. The company’s 50 day moving average is GBX 419.49 and its 200 day moving average is GBX 430.87. The stock’s market cap is GBX 9.65 billion. International Consolidated Airlns Grp SA has a one year low of GBX 281.73 and a one year high of GBX 619.00.

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