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ubs raises target price for international airlines group to 320 pence
UBS has increased its target price for International Airlines Group (IAG) from 280 to 320 pence while maintaining a "Neutral" rating. Analyst Jarrod Castle noted that IAG's profit margins are more than double those of competitors Lufthansa and Air France-KLM, although the company is nearing a profit peak.
ubs maintains neutral rating for international airlines group after strong results
UBS has maintained a "Neutral" rating for International Airlines Group (IAG) with a target price of 280 pence following the airline's annual results, which exceeded expectations. Analyst Jarrod Castle noted that the shares are likely to benefit from announced share buybacks.
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