Barclays upgraded IAG (ICAGY) to Equal Weight from Underweight with a price target of 370 GBp, up from 235 GBp. The firm says the European airlines reported better than expected Q2 sales while dropping fuel prices and the U.S. dollar “are highly supportive.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ICAGY:
- IAG Reports Strong H1 2025 Earnings Growth
- IAG’s Earnings Call Highlights Robust Growth and Challenges
- Positive Outlook for International Consolidated Airlines: Strong Q2 Performance and Growth Potential Justify Buy Rating
- International Consolidated Airlines Group, S.A. (ICAGY) Q2 Earnings Cheat Sheet
- IAG price target raised to 460 GBp from 385 GBp at Deutsche Bank