International Consolidated Airlns Grp (IAG) PT Set at GBX 550 by HSBC

International Consolidated Airlns Grp (LON:IAG) has been assigned a GBX 550 ($7.19) price objective by HSBC in a research report issued on Monday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. HSBC’s target price would suggest a potential upside of 8.06% from the company’s previous close.

Several other brokerages also recently issued reports on IAG. Credit Suisse Group set a GBX 780 ($10.19) price target on International Consolidated Airlns Grp and gave the stock a “buy” rating in a report on Monday, February 11th. Liberum Capital restated a “buy” rating on shares of International Consolidated Airlns Grp in a report on Tuesday, February 12th. Societe Generale increased their price target on International Consolidated Airlns Grp from GBX 570 ($7.45) to GBX 650 ($8.49) and gave the stock a “hold” rating in a report on Tuesday, February 19th. Royal Bank of Canada restated a “neutral” rating on shares of International Consolidated Airlns Grp in a report on Tuesday, February 19th. Finally, Sanford C. Bernstein set a GBX 750 ($9.80) price target on International Consolidated Airlns Grp and gave the stock a “buy” rating in a report on Thursday, January 24th. One analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of GBX 695.36 ($9.09).

Shares of International Consolidated Airlns Grp stock opened at GBX 509 ($6.65) on Monday. International Consolidated Airlns Grp has a 1 year low of GBX 487 ($6.36) and a 1 year high of GBX 727 ($9.50). The stock has a market capitalization of $10.10 billion and a price-to-earnings ratio of 3.18. The company has a quick ratio of 0.78, a current ratio of 0.91 and a debt-to-equity ratio of 111.74.

About International Consolidated Airlns Grp

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.

Further Reading: Initial Public Offering (IPO)

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

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