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International Consolidated Airlines’s “Buy” Rating Reaffirmed at Goodbody Stockbrokers Ltd (IAG)

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International Consolidated Airlines logoInternational Consolidated Airlines (LON:IAG)‘s stock had its “buy” rating restated by stock analysts at Goodbody Stockbrokers Ltd in a report issued on Thursday, AnalystRatingsNetwork reports. They currently have a GBX 360 ($5.63) price objective on the stock. Goodbody Stockbrokers Ltd’s price target would indicate a potential upside of 15.35% from the company’s current price.

IAG has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd downgraded shares of International Consolidated Airlines (LON:IAG) to a “hold” rating in a research note to investors on Wednesday. They now have a GBX 690 ($10.79) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of International Consolidated Airlines (LON:IAG) in a research note to investors on Monday. They now have a GBX 360 ($5.63) price target on the stock. Finally, analysts at Seymour Pierce raised their price target on shares of International Consolidated Airlines (LON:IAG) from GBX 290 ($4.53) to GBX 360 ($5.63) in a research note to investors on Friday, September 6th. They now have a “buy” rating on the stock.

Four research analysts have rated the stock with a sell rating, nine have given a hold rating and twenty have issued a buy rating to the stock. International Consolidated Airlines has a consensus rating of “Hold” and a consensus price target of GBX 460.85 ($7.21).

International Consolidated Airlines (LON:IAG) opened at 311.50 on Thursday. The stock’s 50-day moving average is GBX 304.5 and its 200-day moving average is GBX 273.9.

International Consolidated Airlines Group, SA (LON:IAG) is an airline company.


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