International Consolidated Airlines (IAG) Receives a New Rating from Morgan Stanley

International Consolidated Airlines received a Buy rating and a £5.50 price target from Morgan Stanley analyst Axel Stasse today. The company’s shares opened today at p412.10.

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Stasse covers the Industrials sector, focusing on stocks such as EasyJet, International Consolidated Airlines, and Deutsche Lufthansa. According to TipRanks, Stasse has an average return of -6.3% and a 33.33% success rate on recommended stocks.

In addition to Morgan Stanley, International Consolidated Airlines also received a Buy from Bernstein’s Alex Irving in a report issued on October 9. However, on October 13, Barclays maintained a Hold rating on International Consolidated Airlines (LSE: IAG).

The company has a one-year high of p416.00 and a one-year low of p203.80. Currently, International Consolidated Airlines has an average volume of 14.84M.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IAG in relation to earlier this year.