Broker tips: IAG, Babcock

31st Jul 2023 14:45

(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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BA owner IAG posts record first-half operating profit

28th Jul 2023 07:35

(Sharecast News) - British Airways and Iberia owner IAG posted a record first-half profit on Friday as it hailed a strong performance across the group.

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Sunday newspaper round-up: Tesco, Green Agenda, EasyJet

16th Jul 2023 11:44

(Sharecast News) - Tesco is leaning on its suppliers so that they pass on savings from falling costs so that it can reduce prices more quickly than rivals and thus lead on price cuts. Among other factors, on Thursday Tesco pointed to a halviing in wholesale electricity prices, a 22% reduction in PET packaging and an 84% fall in the cost of freight. Suppliers however said that other costs had continued to rise - not least wages. And in response to prodding by MPs, Asda co-owner, Mohsin Issa, has cautioned that fixed-term contracts meants that three to nine more month would be needed before customers benefitted from falling prices. - The Sunday Times

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Liberum reiterates 'buy' on IAG, lifts price target

9th May 2023 13:45

(Sharecast News) - Liberum reiterated its 'buy' recommendation on BA and Iberia owner IAG on Tuesday, and lifted its price target to 350p from 240p as it said positive earnings momentum was set to continue.

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Broker tips: IAG, Intertek

9th May 2023 07:52

(Sharecast News) - Liberum reiterated its 'buy' recommendation on BA and Iberia owner IAG on Tuesday, and lifted its price target to 350p from 240p as it said positive earnings momentum was set to continue.

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IAG lifts guidance on strong summer demand as Q1 earnings beat forecasts

5th May 2023 07:21

(Sharecast News) - British Airways-owner IAG on Friday lifted its full year earnings forecasts on the back of strong summer demand as first-quarter profits beat expectations.

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Liberum ups IAG price target, reiterates 'buy' after results

28th Feb 2023 13:26

(Sharecast News) - Liberum lifted its price target on BA and Iberia owner IAG on Tuesday following recent annual results.

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Peel Hunt says IAG results 'positive all around', stays at 'hold'

24th Feb 2023 14:40

(Sharecast News) - Peel Hunt analysts described International Consolidated Airlines Group's latest full-year figures as "positive all around" but stuck to their 'hold' recommendation on the shares and 135.0p target price.

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Peel Hunt says IAG results 'positive all around', stays at 'hold'

24th Feb 2023 14:38

(Sharecast News) - Peel Hunt analysts described International Consolidated Airlines Group's latest full-year figures as "positive all around" but stuck to their 'hold' recommendation on the shares and 135.0p target price.

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Peel Hunt says IAG results 'positive all around', stays at 'hold'

24th Feb 2023 14:38

(Sharecast News) - Peel Hunt analysts described International Consolidated Airlines Group's latest full-year figures as "positive all around" but stuck to their 'hold' recommendation on the shares and 135.0p target price.

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Friday preview: US price data, Xi speech in focus

23rd Feb 2023 10:16

(Sharecast News) - All eyes at the end of the week would be on the US and the release of readings for two key inflation gauges.

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Liberum lifts price targets on airline stocks

24th Jan 2023 12:41

(Sharecast News) - Liberum said on Tuesday that the airline industry is in the early stages of recovery from the pandemic.

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Sunday newspaper round-up: Zero Covid, British Airways, Rolls Royce

27th Nov 2022 21:30

(Sharecast News) - Protests against the government's zero-Covid strategy are spreading from Shanghai to other Chinese cities such as Guangzhou, Wuhan and Xi'an. Videos of the protests on social media, including some showing clashes with police and people chanting anti-government slogans, were taken down. In Urumqi, most of the city had been under lockdown for over three months, although lockdowns were lifted in some neighbourhoods on Saturday. China reported 39,506 cases of Covid-9 on Sunday, a record level, but small when compared to the levels recorded at the height of the pandemic in the West. - The Sunday Times

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IAG mulling potential acquisitions - report

31st Oct 2022 07:19

(Sharecast News) - British Airways owner International Consolidated Airlines Group is turning its attention to industry consolidation, it was reported on Monday, with ailing rivals thought to be in its sights.

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BA owner IAG reports better-than-expected Q3, shares surge

13th Oct 2022 13:03

(Sharecast News) - IAG shares shot higher on Thursday after the Iberia and British Airways owner said it now expects to report a third-quarter operating profit of around €1.2bn after stronger-than-expected trading.

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