International Consolidated Airlines Group S.A. (LON:IAG – Get Free Report)’s share price passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of GBX 420.73 and traded as high as GBX 427.10. International Consolidated Airlines Group shares last traded at GBX 415.90, with a volume of 11,427,422 shares traded.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 645 price target on shares of International Consolidated Airlines Group in a research report on Monday, August 3rd. Royal Bank Of Canada boosted their target price on shares of International Consolidated Airlines Group from GBX 465 to GBX 500 and gave the company an “outperform” rating in a research note on Friday, August 21st. Finally, Citigroup reduced their target price on International Consolidated Airlines Group from GBX 610 to GBX 600 and set a “buy” rating for the company in a research note on Monday, August 3rd. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 510.
Read Our Latest Stock Report on International Consolidated Airlines Group
International Consolidated Airlines Group Stock Performance
About International Consolidated Airlines Group
International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.
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