International Consolidated Airlines Group
IAG: 448.04 0.00 (0.00%)
| Bid Price | 0.00 | High Price | 0.00 |
|---|---|---|---|
| Ask Price | 0.00 | Low Price | 0.00 |
| Open Price | 0.00 | Spread | 0.00% |
| Prev Close | 441.40 | Volume | 0.00 |
International Consolidated Airlines Group Share Price Chart
Intraday
Historic – 1 year
International Consolidated Airlines Group Share Price Information
| Name | International Consolidated Airlines Group | Epic | IAG |
|---|---|---|---|
| Sector | Travel & Leisure | ISIN | ES0177542018 |
| Activites | International Consolidated Airlines AG’s (formerly British Airways) principal activity is the operation of international and domestic scheduled air services for the carriage of passengers, freight and mail and the provision of ancillary services. | Security Type | Equity |
Key numbers
| Latest Share Price (p) | 0.00 | Net Gearing (%) | 70.09 |
|---|---|---|---|
| Market Cap (£m) | 9,510.30 | Gross Gearing (%) | 80.40 |
| Shares in issue (m) | 2,120.47 | Debt Ratio | 67.18 |
| P/E Ratio | 6.10 | Debt-to-Equity Ratio | 0.50 |
| Divs per share (p) | 20.00 | Assets / Equity Ratio | 5.10 |
| Dividend Yield (%) | 4.46 | Price to book value | 1.72 |
| Dividend Cover | 0.00 | SROCE (%) | 10.68 |
| Earning per share (p) | 73.50 | EPS Growth (%) | 52.49 |
| 52-week high / low (p) | 618.00 / 337.10 | DPS Growth (%) |
International Consolidated Airlines Group Broker Views
| Date | Broker | Rec. | Price | Old target price | New target price | Notes |
|---|---|---|---|---|---|---|
| 01 Dec | Goldman Sachs | Neutral | 448.04 | 465.00 | 465.00 | Reiterates |
| 01 Dec | Deutsche Bank | Buy | 448.04 | Reiterates | ||
| 28 Nov | HSBC | Hold | 448.04 | 450.00 | 450.00 | Reiterates |
| 11 Nov | Berenberg | Buy | 448.04 | 595.00 | Initiates/Starts | |
| 08 Nov | Goldman Sachs | Neutral | 448.04 | 465.00 | 465.00 | Reiterates |
International Consolidated Airlines Group Director Deals
International Consolidated Airlines Group Company News
Broker Forecast – Berenberg issues a broker note on International Consolidated Airlines Group
Berenberg today initiates coverage of International Consolidated Airlines Group (LON:IAG) with a buy investment rating and price target of 595p.
Story provided by StockMarketWire.com
FTSE slumps on market concerns over US and Brexit
The FTSE 100 and the mid-cap index were both in stuck negative territory as investors worried about the US election and struggled with renewed uncertainty over the timetable for Brexit.
West Texas Intermediate (WTI) crude oil fell 1.5% to $43.97 and Brent crude oil declined 1.8% to $45.49 per barrel, respectively.
Gold was 0.4% lower at $1,296 per ounce and copper climbed 0.7% to $4,982 per tonne.
FTSE 100 RISERS AND FALLERS
Paddy Power Betfair (PPB) raised guidance for full-year profit following solid third quarter trading. Underlying operating profit rose 68% to £95m as margins improved.
Shares in British Airways operator International Consolidated Airlines (IAG) decelerated as passenger growth eased in October. IAG reported a 3.9% increase in passenger numbers, down from 5.7% growth in September. Travel between European cities was solid but domestic travel within countries including the UK, Ireland, Spain and Italy slowed.
FTSE 250 RISERS AND FALLERS
DFS Furniture (DFS) declined 9.5% to 238.5p as private equity house Advent International sold a 12.1% stake in the retailer, around half its remaining investment in the business, for 240p.
Infrastructure investor John Laing (JLG) sold its 29.69% shareholding in the A1 motorway project in Poland for £131m to the First State European Diversified Infrastructure Fund. Laing said it was working on other asset disposals which may be completed within the current calendar year so it could make new investments in other projects.
Tullett Prebon (TLPR) chief executive John Phizackerley said the company’s revenue grew 2% at constant currencies in the third quarter, helped by political uncertainty and clients preparing for a move to higher interest rates. Shares in the broker traded 4.3% higher at 383.5p.
SMALL CAP RISERS AND FALLERS
Technology group Windar Photonics (WPHO) received a repeat order for its WindEYE LiDAR wind sensors form a large North American wind farm operator, causing its share price to soar by 22% to 103.7p.
Berkeley Energia (BKY) raised $30m by issuing new shares at 45p to help build a uranium mine in Spain.
Cluff Natural Resources (CLNR) raised approximately £1.8m through a shares placing to fund the company through to the fourth quarter of 2017.
Story provided by StockMarketWire.com
Markets back in worry mode
UK markets follow losses in the US last night as investors grow increasingly worried ahead of the US election and renewed uncertainty over the timetable for Brexit.
The ‘fear gauge’ VIX volatility index spiked to 22, which was nearly as high as the days after the Brexit vote.
The FTSE 100 slumped 1.2% to 6,705 and the mid cap FTSE 250 fell 1.8% as insurance companies and property stocks dragged on the main benchmarks.
West Texas Intermediate (WTI) crude oil was flat at $44.62 and Brent crude oil slipped 0.4% to $46.15 per barrel, respectively.
Gold declined 0.4% to $1,296 per ounce and copper was stable at $4,938 per tonne.
FTSE 100 RISERS AND FALLERS
Paddy Power Betfair (PPB) raised guidance for full-year profit following solid third quarter trading. Underlying operating profit rose 68% to £95m as margins improved.
Shares in British Airways operator International Consolidated Airlines (IAG) decelerated as passenger growth eased in October. IAG reported a 3.9% increase in passenger numbers in October, down from 5.7% growth in September. Travel between European cities was solid but domestic travel within countries including the UK, Ireland, Spain and Italy slowed.
FTSE 250 RISERS AND FALLERS
DFS Furniture (DFS) declined 11% to 235p as private equity house Advent International sold a 12.1% stake in the retailer, around half its remaining investment in the business, for 240p.
Infrastructure investor John Laing (JLG) sold its 29.69% shareholding in the A1 motorway project in Poland for £131m to the First State European Diversified Infrastructure Fund. Laing said it was working on other asset disposals which may be completed within the current calendar year so it can make new investments in other projects.
Tullett Prebon (TLPR) chief executive John Phizackerley said the company’s revenue grew 2% at constant currencies in the third quarter, helped by political uncertainty and clients preparing for a move to higher interest rates. Shares in the broker traded 4% higher at 382p.
SMALL CAP RISERS AND FALLERS
Technology group Windar Photonics (WPHO) received a repeat order for its WindEYE LiDAR wind sensors form a large North American wind farm operator, causing its share price to soar by 23.5% to 105p.
The discovery of a few high grade-gold intersections at a project in Australia triggered a 7.3% rise at Ironridge Resources (IRR) to 16.5p.
PCG Entertainment (PCGE) rose 3.9% on an agreement to potentially create a major football academy in China. It sealed a tentative deal with a Chinese investment group and said it would seek to enter a joint venture with a western football club.
Deltex Medical (DEMG) reported a hospital in the South East England acquired six of its CardioQ-ODM+ monitors, boosting its stock by 6%.
Berkeley Energia (BKY) said it was trying to raise between $25m and $30m by issuing new shares at 45p to help build a uranium mine in Spain.
Cluff Natural Resources (CLNR) raised approximately £1.8m through a shares placing to fund the company through to the fourth quarter of 2017.
Story provided by StockMarketWire.com
FTSE falls on pharmas, house builders, airlines
London stocks were firmly lower in early deals as investors continue to sweat the acrimonious US election, having already run though a week of central bank interest-rate calls, Brexit muddling and lower crude prices.
Soon after the open, FTSE 100 was down 67.6 points, or 1%, to 6722.91, while FTSE 250 was down 249, or 1.42%, to 17,332.9. At 8.28am, WTI crude was down 0.67% to $44.36/bbl and Brent was down 0.8% to $45.98/bbl, both hurting on supply worries. Gold fell 0.12% to 1301.7/oz.
Both the Bank of England and US Federal Reserve held interest rates this week, while yesterday a UK high court ruled against PM Theresa May’s assertion of prerogative rights in activating a Brexit via Article 50 of the Lisbon treaty.
Pharmas were in focus after Hikma (HIK), which fell 7.68% to 1611p, while Shire (SHP) dived 2.97% to 4404p. House builders retreated after Persimmon (PSN), lower 3.44% to 1697.5p, and Barratt (BDEV), off 2.88% to 455.5p. Taylor Wimpey (TW.) ebbed 2.79% to 143p.
EasyJet (EZJ), down 3.06% to 967p carried 6.8m passengers in October, up 6.9%. Load factor was 90.2%, from 93.3%. International Consolidated Airlines (IAG), down 2.99% to 437.3p, said traffic in October, in revenue passenger kilometres, rose 3.1% from a year ago.
Falling blue chips outweighed risers 95 to five, almost 70 by 1% or more. All sectors were represented to the downside, with miners, insurers, banks and leisure coming in for particular selling attention, and so, too, supermarkets and retailers.
To the upside, Paddy Power Betfair (PPB), up 3.29% to 8862.5p, said its Q3 trading and accelerated synergy delivery has resulted in higher FY profit guidance with underlying EBITDA now seen at between £390m and £405m.
BIGGER MOVERS
Windar Photonics (WPHO), up 21.76% to 103.5p, has received a repeat order for its WindEYE LiDAR wind sensors from a large North American wind farm owner and operator for immediate delivery.
DFS Furniture (DFS) was down 12.12% to 231.75p after funds managed by Advent International sold 25.7m ordinary shares in the company at 240p each, raising £61.7m gross. The shares were held via Advent Diamond (Luxembourg).
ITM Power (ITM), up 9.57% to 24.38p, has signed a fuel contract, selling hydrogen at £10/kg, with Hyundai Motor UK, for refueling its iX35 Fuel Cell Vehicle fleet.
LONDON HIGHLIGHTS
IronRidge Resources (IRR), up 9.76% to 16.88p, has confirmed multiple high-grade gold and copper drill intersections at its May Queen prospect in Queensland, Australia.
Tri-Star Resources (TSTR), up 8.7% to 0.13p, has provide an update on the construction of the Oman Antimony Roaster (OAR) being undertaken by the company’s Omani joint-venture company, Strategic & Precious Metals Processing LLC.
Marlowe (MRL), up 5.88% to 315p, has acquired Titan Fire and Security Ltd, a provider of fire protection services based in Uxbridge, for up to £750,000.
Bagir (BAGR), up 3.45% to 3.75p, has completed the agreement with its lenders, Bank Leumi and Discount Bank, under which all outstanding bank debt (about $21m) has been cleared.
Tullett Prebon (TLPR), up 3.16% to 379.2p, said that in the nine months to September its revenue of £647m was 7% higher than the £603m recorded in the year-ago same period and 2% higher at constant exchange rates.
InfraStrata (INFA), up 2.44% to 1.05p, confirms the selection of front-end engineering design contractors for the above-ground facilities and the sub-surface elements of its Islandmagee gas storage project and associated loan funding to partially finance its development.
Commerzbank Aktiengesellschaft (CZB), down 2.18% to 5.95p, has reported net profits of €96m for the first nine months, down from €891m a year ago.
Vodafone (VOD), down 0.68% to 216.03p, confirms that Vodafone Libertel B.V. has agreed to sell its consumer fixed business Vodafone Thuis to T-Mobile Netherlands Holding B.V. for an undisclosed sum.
John Laing (JLG), down 1.12% to 266p, has agreed to dispose of its 29.69% investment in Gdansk Transport Company, the owner and operator of the A1 motorway project in Poland, to FS Amber Holdings, for €146.9 million.
Other stocks in the news included Berkeley Energia (BKY), New World Oil & Gas (NEW) and Andalas Energy & Power (ADL).
Story provided by StockMarketWire.com
IAG traffic figures up
International Consolidated Airlines Group traffic in October, measured in revenue passenger kilometres, increased by 3.1% from a year ago.
Group capacity measured in available seat kilometres rose by 5.0%
Group premium traffic for the month of October increased by 4.7%.
Story provided by StockMarketWire.com
