International Consolidated Airlines Group (LON:IAG) has been reiterated to Buy in a report by Goldman Sachs today.
- Updated: October 5, 2016
Having a price of 392.30GBX, International Consolidated Airlines Group (LON:IAG) traded -1.39% lower on the day. With the last stock price down -14.87% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. IAG has recorded a 50-day average of 400.44GBX and a two hundred day average of 459.67GBX. Trading volume was down over the average, with 2,603,235 shares of IAG changing hands under the typical 9,958,830
Goldman Sachs has reiterated International Consolidated Airlines Group (LON:IAG) to Buy in a report released on 10/6/2016.
On 9/20/2016, HSBC released a statement about International Consolidated Airlines Group (LON:IAG) maintained the target price at 325.00GBX that suggested a downside of -0.22%.
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International Consolidated Airlines Group has a 52 week low of 336.06GBX and a one year high of 619.00GBX with a PE ratio of 4.35 The company’s market cap is currently 0 GBX.
In addition to Goldman Sachs 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 brokerages rating the stock a strong buy, 11 brokerages rating the stock a buy, 4 brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About International Consolidated Airlines Group (LON:IAG)
International Consolidated Airlines Group, S.A. (IAG) is a holding company. The Company is an airline company, which holds the interests of airline and ancillary operations. Its segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. IAG combines the airlines in the United Kingdom, Spain and Ireland. It has approximately 530 aircraft flying to over 280 destinations. It operates various aircraft fleet services, including Airbus A318, Airbus A319, Boeing 787-900, Embraer E190 and Boeing 777-200, among others. IAG, through its subsidiaries, is engaged in providing airline operations, insurance, aircraft maintenance, air freight operations and cargo transport services. It offers services in cities, including London, Madrid, Barcelona, Rome and Dublin. Its brands include British Airways, Iberia, Vueling, Aer Lingus and IAG Cargo. Its subsidiaries include British Airways Capital Limited, AERL Holding Limited, ALG Trustee Limited, Bealine Plc and others.
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