International Consolidated Airlines Group (LON:IAG) has been reiterated to Buy in a statement by Deutsche Bank today.
- Updated: October 6, 2016
Yesterday International Consolidated Airlines Group (LON:IAG) traded -2.78% lower at 390.70GBX. The company’s 50-day moving average is 400.08GBX and its 200-day moving average is 459.12GBX. The last stock close price is down -19.26% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 12,302,212 shares of the stock were exchanged, up from an average trading volume of 9,937,850
Deutsche Bank has reiterated International Consolidated Airlines Group (LON:IAG) to Buy in a report released on 10/07/2016.
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International Consolidated Airlines Group has a 52 week low of 336.06GBX and a 52 week high of 619.00GBX with a P/E ratio of 4.12 The company’s market cap is currently 0 GBX.
In addition to Deutsche Bank reporting its target price, a total of 21 firms have issued a report on the stock. The consensus target price is 8.20GBX with 8 firms rating the stock a strong buy, 11 firms rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information 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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