International Consolidated Airlns Grp SA (IAG) PT Set at GBX 560 by Royal Bank of Canada

Royal Bank of Canada set a GBX 560 ($7.23) price objective on International Consolidated Airlns Grp SA (LON:IAG) in a research note issued to investors on Monday, May 8th. The brokerage currently has a neutral rating on the stock.

IAG has been the topic of a number of other research reports. Credit Suisse Group AG restated an outperform rating and set a GBX 606 ($7.82) price target on shares of International Consolidated Airlns Grp SA in a report on Thursday, January 12th. Liberum Capital reiterated a hold rating and set a GBX 525 ($6.78) target price on shares of International Consolidated Airlns Grp SA in a report on Monday, March 6th. Peel Hunt reiterated an under review rating on shares of International Consolidated Airlns Grp SA in a report on Wednesday, May 3rd. Shore Capital reiterated a hold rating on shares of International Consolidated Airlns Grp SA in a report on Wednesday, May 3rd. Finally, HSBC Holdings plc cut International Consolidated Airlns Grp SA to a reduce rating and boosted their price target for the stock from GBX 450 ($5.81) to GBX 490 ($6.33) in a research report on Thursday, March 2nd. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of GBX 493.95 ($6.38).

Shares of International Consolidated Airlns Grp SA (LON:IAG) opened at 596.00 on Monday. The company’s 50-day moving average price is GBX 560.27 and its 200 day moving average price is GBX 501.09. The firm’s market cap is GBX 16.09 billion. International Consolidated Airlns Grp SA has a 1-year low of GBX 281.73 and a 1-year high of GBX 614.69.

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The company also recently disclosed a dividend, which will be paid on Monday, July 3rd. Shareholders of record on Thursday, June 29th will be given a €0.13 ($0.14) dividend. The ex-dividend date is Thursday, June 29th. This represents a dividend yield of 2.03%.

About International Consolidated Airlns Grp SA

International Consolidated Airlines Group, SA is an airline company that holds the interests in airline and ancillary operations. Its segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. It combines the airlines in the United Kingdom, Spain and Ireland. It has approximately 550 aircrafts to over 280 destinations.

12 Month Chart for LON:IAG

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