UBS has raised its target price for International Airlines Group (IAG) to 280 pence, while maintaining a "Neutral" rating.

Analyst Jarrod Castle noted IAG's strong performance in the third quarter, suggesting that the airline holding company is expected to outperform its competitors. However, he also mentioned that the predictability of the airline sector as a whole is low.

IAG shares were trading at €2.905, reflecting a 1.40% increase. The stock has experienced fluctuations, with a previous day price of €2.865. Different trading venues reported slight variations in share prices, with Frankfurt showing a 1.89% rise and Düsseldorf at 1.65%. The annual high for IAG shares is €2.91, while the annual low is €1.64.