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Credit Suisse announced International Consolidated Airlines Group (LON:IAG), bumping up its stock price target to 721.00GBX today

In a report released on Wednesday October 18, 2017 Credit Suisse increased the stock price target of International Consolidated Airlines Group (LON:IAG) from 686.00GBX to 721.00GBX reporting a possible upside of 0.15%.

Previously on 10/5/2017, Deutsche Bank reported on International Consolidated Airlines Group (LON:IAG) held steady the target price at 680.00GBX. At the time, this indicated a possible upside of 0.11%.

Just yesterday International Consolidated Airlines Group (LON:IAG) traded 2.67% higher at 625.00GBX. International Consolidated Airlines Group’s 50-day moving average is 603.69GBX and its 200-day moving average is 594.27GBX. The last closing price is up 6.94% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 9,754,504 shares of IAG traded hands, up from an average trading volume of 8,372,940

Recent Performance Chart

International Consolidated Airlines Group (LON:IAG)

International Consolidated Airlines Group has 52 week low of 358.26GBX and a 52 week high of 638.64GBX with a PE ratio of 5.96 and has a market capitalization of 0 GBX.

In addition to Credit Suisse reporting its stock price target, a total of 21 brokers have issued a research note on the company. The average stock price target is 8.20GBX with 8 brokers rating the stock a strong buy, 11 brokers rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On International Consolidated Airlines Group (LON:IAG)

International Consolidated Airlines Group, S.A. 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. The Company operates various aircraft fleet services, including Airbus A318, Airbus A319, Airbus A340-600, Boeing 787-800, Embraer E190 and Boeing 777-200, among others. The Company, through its subsidiaries, is engaged in providing airline marketing, airline operations, insurance, aircraft maintenance, storage and custody services, air freight operations and cargo transport services. The Company offers its services in cities, including London, Madrid, Barcelona, Rome and Dublin. The Company's brands include British Airways, Iberia, Vueling, Aer Lingus, IAG Cargo and Avios.

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