IAG shares rated as outperform

BBVA has reiterated its outperform rating on shares of International Consolidated Airlines with a GBX 445.96 ($7.30) target price on the stock. Credit Suisse too reiterated its outperform rating, with a GBX 443 ($7.25) price target. Commerzbank reiterated a buy rating on IAG shares with a GBX 425.73 ($6.97) target price target, while Jefferies raised its price target from GBX 355 ($5.81) to GBX 410 ($6.71) and now has a buy rating on the stock. IAG now has an average rating of Buy and an average target price of GBX 497.31 ($8.14).