ubs maintains neutral stance on international airlines group with target price set

UBS has given International Airlines Group (IAG) a "Neutral" rating and set a target price of 210 pence.

According to analyst Jarrod Castle, IAG is in a strong position, as discussed at recent UBS investor events.

The company is focused on converting profits into cash and is committed to distributing excess cash to its shareholders.

This strategic approach reflects IAG's ongoing efforts to enhance shareholder value in a competitive market.

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