HSBC sees 'buying opportunity' in IAG

16th Apr 2014 15:02

International Consolidated Airlines gained as HSBC Holdings upgraded the parent of British Airways to 'overweight' from 'neutral', saying it sees strong earnings momentum in 2014 and 2015. The broker sees recent weakness in the share price as a buying opportunity. As of 15:05 shares of the company were moving higher by 3.3% to 388.5p.AB

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