Societe Generale set a GBX 650 ($8.35) target price on International Consolidated Airlns Grp SA (LON:IAG) in a research note released on Thursday morning. The firm currently has a neutral rating on the stock.
A number of other equities research analysts have also weighed in on the company. Citigroup Inc reiterated a buy rating and issued a GBX 300 ($3.85) price objective on shares of International Consolidated Airlns Grp SA in a research report on Wednesday, March 15th. Deutsche Bank AG set a GBX 620 ($7.96) price target on International Consolidated Airlns Grp SA and gave the company a buy rating in a research report on Tuesday, April 18th. JPMorgan Chase & Co. dropped their price target on International Consolidated Airlns Grp SA from GBX 180 ($2.31) to GBX 155 ($1.99) and set an underweight rating on the stock in a research report on Friday, March 17th. Liberum Capital upgraded International Consolidated Airlns Grp SA to a buy rating and lifted their price target for the company from GBX 525 ($6.74) to GBX 700 ($8.99) in a research report on Thursday, March 9th. Finally, Bank of America Corp set a GBX 500 ($6.42) price target on International Consolidated Airlns Grp SA and gave the company a sell rating in a research report on Monday, March 27th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fifteen have given a buy rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 510.59 ($6.56).
International Consolidated Airlns Grp SA (LON IAG) traded up 0.91% during trading on Thursday, hitting GBX 607.50. The company’s stock had a trading volume of 4,984,459 shares. The firm’s market cap is GBX 16.40 billion. International Consolidated Airlns Grp SA has a 12 month low of GBX 281.73 and a 12 month high of GBX 619.00. The firm has a 50 day moving average of GBX 580.71 and a 200 day moving average of GBX 512.05.
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The firm also recently disclosed a dividend, which will be paid on Monday, July 3rd. Stockholders of record on Thursday, June 29th will be paid a €0.13 ($0.14) dividend. This represents a dividend yield of 2.03%. The ex-dividend date of this dividend is Thursday, June 29th.
International Consolidated Airlns Grp SA Company Profile
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.
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