Sanford C. Bernstein set a GBX 700 ($9.21) target price on International Consolidated Airlns Grp (LON:IAG) in a report published on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also weighed in on IAG. Barclays reaffirmed a buy rating and issued a GBX 777 ($10.22) price target on shares of International Consolidated Airlns Grp in a research note on Friday. HSBC raised shares of International Consolidated Airlns Grp to a buy rating and raised their price target for the company from GBX 550 ($7.23) to GBX 750 ($9.87) in a research note on Friday, December 13th. Royal Bank of Canada set a GBX 650 ($8.55) price target on shares of International Consolidated Airlns Grp and gave the company a buy rating in a research note on Thursday, October 31st. Liberum Capital reaffirmed a buy rating on shares of International Consolidated Airlns Grp in a research note on Friday. Finally, Berenberg Bank reaffirmed a buy rating on shares of International Consolidated Airlns Grp in a research note on Wednesday, January 29th. Sixteen research analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and a consensus target price of GBX 704.93 ($9.27).

International Consolidated Airlns Grp stock traded down GBX 43.40 ($0.57) during midday trading on Friday, reaching GBX 472 ($6.21). The company had a trading volume of 16,227,837 shares, compared to its average volume of 6,660,000. The company has a market capitalization of $9.37 billion and a P/E ratio of 2.95. International Consolidated Airlns Grp has a 12-month low of GBX 5.58 ($0.07) and a 12-month high of GBX 684 ($9.00). The firm’s fifty day simple moving average is GBX 615.67 and its 200-day simple moving average is GBX 542.47. The company has a debt-to-equity ratio of 194.65, a current ratio of 0.85 and a quick ratio of 0.69.

The firm also recently announced a dividend, which will be paid on Monday, July 6th. Shareholders of record on Thursday, July 2nd will be paid a €0.17 ($0.20) dividend. This represents a yield of 2.81%. This is a positive change from International Consolidated Airlns Grp’s previous dividend of $0.15. The ex-dividend date is Thursday, July 2nd. International Consolidated Airlns Grp’s dividend payout ratio (DPR) is 0.16%.

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.

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

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