International Consolidated Airlns Grp (LON:IAG) Price Target Cut to GBX 665

International Consolidated Airlns Grp (LON:IAG) had its price target dropped by analysts at Credit Suisse Group from GBX 713 ($9.32) to GBX 665 ($8.69) in a note issued to investors on Monday, Borsen Zeitung reports. The firm presently has an “outperform” rating on the stock. Credit Suisse Group’s price objective points to a potential upside of 29.43% from the company’s current price.

Several other equities analysts also recently commented on the stock. Deutsche Bank restated a “buy” rating and issued a GBX 630 ($8.23) price target on shares of International Consolidated Airlns Grp in a research note on Monday, August 26th. Liberum Capital dropped their price target on shares of International Consolidated Airlns Grp from GBX 875 ($11.43) to GBX 680 ($8.89) and set a “buy” rating for the company in a research note on Thursday, September 26th. Morgan Stanley restated an “overweight” rating on shares of International Consolidated Airlns Grp in a research note on Thursday, October 10th. HSBC restated a “hold” rating and issued a GBX 490 ($6.40) price target on shares of International Consolidated Airlns Grp in a research note on Monday, September 30th. Finally, Berenberg Bank dropped their price target on shares of International Consolidated Airlns Grp from GBX 780 ($10.19) to GBX 720 ($9.41) and set a “buy” rating for the company in a research note on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the company. International Consolidated Airlns Grp currently has a consensus rating of “Buy” and an average target price of GBX 616.92 ($8.06).

LON:IAG opened at GBX 513.80 ($6.71) on Monday. The company has a fifty day simple moving average of GBX 456.19 and a two-hundred day simple moving average of GBX 474.51. The company has a market cap of $10.15 billion and a price-to-earnings ratio of 3.21. The company has a quick ratio of 0.69, a current ratio of 0.85 and a debt-to-equity ratio of 194.65. International Consolidated Airlns Grp has a 52 week low of GBX 411.50 ($5.38) and a 52 week high of GBX 669.40 ($8.75).

International Consolidated Airlns Grp Company Profile

International Consolidated Airlines Group, SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, Ireland, the United States, and rest of the world. The company operates under the British Airways, Iberia, Vueling, LEVEL, and Aer Lingus brands.

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Analyst Recommendations for International Consolidated Airlns Grp (LON:IAG)

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