IAG flies higher after double upgrade to 'overweight' by JPMorgan

6th Mar 2024 08:45

(Sharecast News) - BA and Iberia owner IAG flew higher on Wednesday as JPMorgan Cazenove double upgraded the shares to 'overweight' from 'underweight' and lifted the price target to €2.50 from €1.45.

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IAG profits fly past pre-pandemic levels on strong leisure demand

29th Feb 2024 07:08

(Sharecast News) - British Airways owner IAG on Thursday more than doubled annual profit as demand continued to rebound from the effects of the Covid pandemic.

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Thursday preview: Inflation data, IAG in focus

28th Feb 2024 13:39

(Sharecast News) - Should the Federal Reserve begin to reduce interest rates in June?

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London close: Stocks manage gains despite UK recession news

15th Feb 2024 14:55

(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.

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London close: Stocks mixed as US payrolls come in red-hot

2nd Feb 2024 16:59

(Sharecast News) - London's stock markets closed with mixed results on Friday, as investors were confronted by an unexpectedly strong US labour market as revealed in the latest US non-farm payrolls report.

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London close: Stocks rise on positive UK economic data

12th Jan 2024 15:39

(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.

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London close: Stocks weaker as investors look to central banks

7th Dec 2023 15:03

(Sharecast News) - London markets closed lower on Thursday as investors reacted to lacklustre Chinese trade data and the latest UK house price figures.

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JP Morgan cuts IAG to 'underweight'

7th Dec 2023 10:10

(Sharecast News) - Analysts at JP Morgan downgraded British Airways parent company International Consolidated Airlines Group from 'neutral' to 'underweight' on Thursday as it turned "more cautious" on the sector.

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London close: Stocks slip ahead of FOMC minutes, Autumn Statement

21st Nov 2023 15:19

(Sharecast News) - London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday's Autumn Statement.

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IAG reiterates commitment to resuming dividends

21st Nov 2023 09:20

(Sharecast News) - British Airways owner IAG on Tuesday set out its medium-term targets and pledged its commitment to resume paying dividends once its balance sheet and investment plans are "secure".

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IAG reports record third quarter as demand continues to recover

27th Oct 2023 07:07

(Sharecast News) - British Airways owner IAG reported a record-breaking third-quarter operating profit of €1.745bn on Friday, marking a substantial increase from the €1.216bn reported in the same period of 2022.

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London close: Stocks slip into red on growing Middle East concerns

9th Oct 2023 15:40

(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.

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BA nearing long-term pay deal to avert pilots' strike - report

5th Oct 2023 12:59

(Sharecast News) - British Airways is reportedly on the of a brink of a long-term pay deal with its pilots aimed at removing the renewed threat of strike action until at least 2027.

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Competition regulator mostly backs lower airline price caps at Heathrow

8th Sep 2023 07:56

(Sharecast News) - The UK competition regulator has said that the Civil Aviation Authority (CAA) made some errors in determining the lower price cap that Heathrow should charge airlines, but said that most of its calculations had been correct.

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BofA Merrill Lynch lifts IAG price target, reiterates 'buy'

31st Jul 2023 14:57

(Sharecast News) - Bank of America Merrill Lynch lifted its price target on BA and Iberia owner IAG on Monday to 260p from 240p and reiterated its 'buy' rating on the shares after results last week.

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