International Consolidated Airlines Group (LON: IAG) Given a GBX 180 Price Target at Sanford C. Bernstein

International Consolidated Airlines Group (LON: IAG – Get Rating) received a GBX 180 ($ 2.17) price target from stock analysts at Sanford C. Bernstein in a research note issued on Monday, Borsen Zeitung reports. Sanford C. Bernstein’s target price indicates a potential upside of 54.99% from the company’s previous close.

Other equities analysts also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft set a GBX 140 ($ 1.69) target price on shares of International Consolidated Airlines Group in a research note on Friday, June 24th. Berenberg Bank reissued a “hold” rating and set a GBX 135 ($ 1.63) price target on shares of International Consolidated Airlines Group in a research note on Thursday, May 26th. UBS Group set a GBX 180 ($ 2.17) price target on shares of International Consolidated Airlines Group in a research note on Monday, July 18th. HSBC set a GBX 120 ($ 1.45) price target on shares of International Consolidated Airlines Group in a research note on Thursday, July 7th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of International Consolidated Airlines Group in a report on Thursday, July 7th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, International Consolidated Airlines Group presently has a consensus rating of “Hold” and a consensus price target of GBX 174.54 ($ 2.10).

International Consolidated Airlines Group Price Performance

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IAG stock traded down GBX 2.60 ($ 0.03) during trading on Monday, hitting GBX 116.14 ($ 1.40). 11,359,988 shares of the stock traded hands, compared to its average volume of 25,255,893. International Consolidated Airlines Group has a one year low of GBX 102.14 ($ 1.23) and a one year high of GBX 199.50 ($ 2.40). The stock has a market cap of £ 5.75 billion and a price-to-earnings ratio of -2.54. The company has a current ratio of 0.80, a quick ratio of 0.67 and a debt-to-equity ratio of 2,317.97. The company has a 50 day simple moving average of GBX 116.84 and a 200 day simple moving average of GBX 135.33.

About International Consolidated Airlines Group

(Get Rating)

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, Aer Lingus, and LEVEL brands.

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Analyst Recommendations for International Consolidated Airlines Group (LON: IAG)

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