Shares of International Consolidated Airlines Group S.A. (LON:IAG – Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 402.82 and traded as high as GBX 459.16. International Consolidated Airlines Group shares last traded at GBX 454.80, with a volume of 26,167,582 shares traded.
Wall Street Analysts Forecast Growth
IAG has been the topic of a number of research analyst reports. Citigroup lowered their price target on International Consolidated Airlines Group from GBX 610 to GBX 600 and set a “buy” rating on the stock in a report on Monday, April 20th. UBS Group reiterated a “sell” rating and issued a GBX 355 target price on shares of International Consolidated Airlines Group in a research report on Tuesday, May 5th. Royal Bank Of Canada lowered their target price on shares of International Consolidated Airlines Group from GBX 480 to GBX 465 and set an “outperform” rating on the stock in a research note on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 460 price target on shares of International Consolidated Airlines Group in a research report on Monday, May 11th. Four analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 466.
Check Out Our Latest Report on International Consolidated Airlines Group
International Consolidated Airlines Group Trading Down 1.8%
International Consolidated Airlines Group 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, 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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