Morgan Stanley double upgrades IAG to 'overweight', shares fly higher

10th Jul 2024 12:18

(Sharecast News) - Morgan Stanley double upgraded IAG on Wednesday to 'overweight' from 'underweight' and lifted the price target to €2.80 from €2.10.

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London close: Stocks take a breather after last week's surge

13th May 2024 15:36

(Sharecast News) - London's stock markets ended the day in negative territory on Monday, with investors taking a breather following a six-day winning streak that propelled the FTSE 100 to a new all-time high.

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JPMorgan sees further upside at IAG despite recent rally

13th May 2024 09:03

(Sharecast News) - British Airways owner IAG's stock was making gains on Monday following positive comments from JPMorgan, which said that earnings momentum should continue to take the shares higher.

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London close: Stocks rise further as UK exits recession

10th May 2024 16:02

(Sharecast News) - London stocks finished the trading week on a positive note on Friday, driven by gains in the mining sector, following the release of data indicating the UK's exit from recession.

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IAG sees strong summer demand as Q1 profits take off

10th May 2024 07:04

(Sharecast News) - British Airways owner IAG said it was "well positioned" for the summer after posting a huge rise in first quarter profit on the back of strong leisure travel demand, especially over the Easter holidays.

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London close: Stocks manage gains as BoE holds rates

9th May 2024 15:21

(Sharecast News) - London markets closed on a positive note on Thursday, bolstered by the Bank of England's decision to maintain interest rates, in line with market expectations.

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London close: Stocks jump on return from long weekend

7th May 2024 16:32

(Sharecast News) - London markets closed on a high note on Tuesday, as the top-flight index surged to record highs, buoyed by positive momentum from the US and European markets.

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London close: Stocks mixed as investors watch Middle East newsflow

19th Apr 2024 16:56

(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.

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London close: Stocks slip on renewed geopolitical tensions

15th Apr 2024 15:39

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

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London close: Stocks finish lower as ECB stands pat

11th Apr 2024 15:56

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

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London close: Stocks finish lower as US payrolls top forecasts

5th Apr 2024 15:22

(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawkish remarks from Federal Reserve officials, and escalating tensions in the Middle East.

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JPMorgan puts IAG on 'positive catalyst watch' ahead of Q1 results

27th Mar 2024 10:28

(Sharecast News) - JPMorgan Cazenove placed shares of BA and Iberia owner IAG on 'positive catalyst watch' on Wednesday ahead of first-quarter results and following minor changes to estimates published yesterday.

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London close: Stocks rise as BoE keeps rates on hold

21st Mar 2024 16:33

(Sharecast News) - London markets closed higher on Thursday, sustaining gains after the Bank of England adhered to expectations by maintaining interest rates at a 16-year high.

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RBC Capital upgrades IAG to 'outperform'

21st Mar 2024 09:09

(Sharecast News) - RBC Capital Markets upgraded BA and Iberia owner IAG on Thursday to 'outperform' from 'sector perform' and lifted the price target to 220p from 200p.

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London close: Stocks finish mixed after Reckitt compo blow

15th Mar 2024 15:07

(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.

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