International Consolidated Airlines Group SA (CDI) (IAG)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

313.70p
   
  • Change Today:
      4.30p
  • 52 Week High: 315.90p
  • 52 Week Low: 141.75p
  • Currency: UK Pounds
  • Shares Issued: 4,843.06m
  • Volume: 8,155,532
  • Market Cap: £15,193m
  • RiskGrade: 338
  • Beta: 0.00

Morgan Stanley double upgrades IAG to 'overweight', shares fly higher

By Michele Maatouk

Date: Wednesday 10 Jul 2024

LONDON (ShareCast) - (Sharecast News) - Morgan Stanley double upgraded IAG on Wednesday to 'overweight' from 'underweight' and lifted the price target to €2.80 from €2.10.
The bank said that following its prior concerns, capacity growth now looks increasingly supportive to pricing in both the near and medium term.

"IAG's cheap valuation is not the exception within sector, but the path to earnings upgrades looks clearest," it said.

The bank also said that supportive fare data is showing up in advertised fares in North Atlantic, while advertised data across the rest of the total network is also outperforming.

At 1210 BST, the London-listed shares were up 3.7% at 179.30p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BA Market Data

Currency UK Pounds
Share Price 313.70p
Change Today 4.30p
% Change 1.39 %
52 Week High 315.90p
52 Week Low 141.75p
Volume 8,155,532
Shares Issued 4,843.06m
Market Cap £15,193m
Beta 0.00
RiskGrade 338

BA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.29% above the market average79.29% above the market average79.29% above the market average79.29% above the market average79.29% above the market average
79.59% above the sector average79.59% above the sector average79.59% above the sector average79.59% above the sector average79.59% above the sector average
Price Trend
98.17% above the market average98.17% above the market average98.17% above the market average98.17% above the market average98.17% above the market average
96.08% above the sector average96.08% above the sector average96.08% above the sector average96.08% above the sector average96.08% above the sector average
Income
91.59% above the market average91.59% above the market average91.59% above the market average91.59% above the market average91.59% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Growth
98.93% above the market average98.93% above the market average98.93% above the market average98.93% above the market average98.93% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 7
Buy 6
Neutral 3
Sell 0
Strong Sell 0
Total 16
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BA Dividends

  Latest Previous
  Interim Interim
Ex-Div 05-Sep-24 28-Nov-19
Paid 09-Sep-24 02-Dec-19
Amount 3.00¢ 14.50¢

Trades for 15-Jan-2025

Time Volume / Share Price
12:41 2,000 @ 313.87p
12:41 0 @ 313.90p
12:41 0 @ 313.90p
12:40 877 @ 313.70p
12:40 28 @ 313.70p

BA Key Personnel

CEO Luis Gallego

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