International Consolidat... Share Discussion Threads

[milliecusto] 14/7/2015 18:25

Iran will seal lower oil prices for years now,obvious beneficiaries are airline companies..

[mike740] 14/7/2015 08:12

In a note analysing transatlantic business, Credit Suisse tips earnings per share (EPS) to grow by 84% in 2015 to €0.74, then by 34% next year and 13% in 2017. That puts IAG shares on a modest forward price/'earnings ratio of less than 10 for 2015, dropping to just 7 next year.

Expect pricing growth in all fare classes on the Heathrow to JFK route persisting into summer, it says. There has been no discernible increase in price competition, and BA's leading share of 60% of Heathrow-US positions it to continue to deliver strong pricing.

"In Europe, IAG's investment case is most Transatlantic-centric and we expect a strong summer for IAG to re-invigorate the share price with it trading at 4.7x 2016E EV/EBITDAR, the lowest multiple of the big five European names," writes analyst Neil Glynn.

[mike740] 13/7/2015 13:14

IAG tops FTSE 100 on UBS upgrade to 'buy'

Mon 13 July 2015

(ShareCast News) - International Consolidated Airlines Group rose to the top of the FTSE 100 after UBS upgraded the stock to 'buy' from 'neutral' and raised its price target to 700p from 580p.

It said that since hitting a high of 617p in April, the shares have fallen nearly 20% and now represent a good entry point. The broker put emphasis on what it considers to be an attractive valuation and exposure to recovering UK, US and European markets, and said most of the heavy lifting at Iberia is done, with further benefits to come through in 2015.

UBS said there is upside to forecasts given restructuring and potential further falls in the oil price and noted that this will be the first year the group pays a dividend.

The bank said its Evidence Lab Travel Intentions Survey provides confidence that travel intentions as they related to the UK remain strong, while currency continues to have a positive impact.

"While we are concerned about short-haul capacity, the long-haul capacity situation is reassuring. Lastly, we expect earnings momentum to continue to be positive given a recovering Europe and any direct impact from Greece is minimal (less than 1% of IAG capacity)," said UBS.

IAG is the parent company of British Airways and Iberia.

[mike740] 13/7/2015 09:09

International Consolidated Airlns Grp SA (IAG) – Research Analysts’ Weekly Ratings Changes
July 9th, 2015

A number of research firms have changed their ratings and price targets for International Consolidated Airlns Grp SA (LON: IAG):

7/7/2015 – International Consolidated Airlns Grp SA had its “outperform221; rating reaffirmed by analysts at Credit Suisse. They now have a GBX 750 ($11.67) price target on the stock.
7/6/2015 – International Consolidated Airlns Grp SA had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a GBX 700 ($10.89) price target on the stock.
7/2/2015 – International Consolidated Airlns Grp SA had its “outperform221; rating reaffirmed by analysts at BBVA. They now have a GBX 531.93 ($8.28) price target on the stock.
6/29/2015 – International Consolidated Airlns Grp SA had its “buy” rating reaffirmed by analysts at BPI. They now have a GBX 787.42 ($12.25) price target on the stock.
6/23/2015 – International Consolidated Airlns Grp SA had its “buy” rating reaffirmed by analysts at Ahorro Corporacion Financiera SA. They now have a GBX 633.93 ($9.86) price target on the stock.
6/16/2015 – International Consolidated Airlns Grp SA had its “outperform221; rating reaffirmed by analysts at BBVA. They now have a GBX 542.02 ($8.43) price target on the stock.
6/11/2015 – International Consolidated Airlns Grp SA had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a GBX 700 ($10.89) price target on the stock.
6/9/2015 – International Consolidated Airlns Grp SA had its “outperform221; rating reaffirmed by analysts at Credit Suisse. They now have a GBX 750 ($11.67) price target on the stock.
6/9/2015 – International Consolidated Airlns Grp SA was upgraded by analysts at HSBC to a “buy” rating. They now have a GBX 630 ($9.80) price target on the stock.
6/5/2015 – International Consolidated Airlns Grp SA was upgraded by analysts at AlphaValue to a “buy” rating. They now have a GBX 617.45 ($9.61) price target on the stock.
6/2/2015 – International Consolidated Airlns Grp SA had its “buy” rating reaffirmed by analysts at Ahorro Corporacion Financiera SA. They now have a GBX 643.84 ($10.02) price target on the stock.
6/1/2015 – International Consolidated Airlns Grp SA had its “buy” rating reaffirmed by analysts at Nomura.
5/29/2015 – International Consolidated Airlns Grp SA had its “buy” rating reaffirmed by analysts at Societe Generale. They now have a GBX 750 ($11.67) price target on the stock.
5/28/2015 – International Consolidated Airlns Grp SA had its “add” rating reaffirmed by analysts at AlphaValue. They now have a GBX 602.89 ($9.38) price target on the stock.
5/27/2015 – International Consolidated Airlns Grp SA had its “outperform221; rating reaffirmed by analysts at Credit Suisse. They now have a GBX 750 ($11.67) price target on the stock.
5/27/2015 – International Consolidated Airlns Grp SA had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 700 ($10.89) price target on the stock.
5/27/2015 – International Consolidated Airlns Grp SA had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a GBX 700 ($10.89) price target on the stock.
5/20/2015 – International Consolidated Airlns Grp SA had its “outperform221; rating reaffirmed by analysts at RBC Capital. They now have a GBX 640 ($9.96) price target on the stock.
5/19/2015 – International Consolidated Airlns Grp SA had its “overweight221; rating reaffirmed by analysts at Morgan Stanley.
5/14/2015 – International Consolidated Airlns Grp SA had its “buy” rating reaffirmed by analysts at Ahorro Corporacion Financiera SA. They now have a GBX 628.68 ($9.78) price target on the stock.
International Consolidated Airlns Grp SA (LON:IAG) traded up 4.1118% on Thursday, hitting GBX 514.0000. The stock had a trading volume of 5,703,525 shares. International Consolidated Airlns Grp SA has a 52 week low of GBX 306.40 and a 52 week high of GBX 630.00. The stock’s 50-day moving average is GBX 523.26 and its 200-day moving average is GBX 543.12. The company’s market cap is £8.91 billion.

International Consolidated Airlines Group, S.A. (LON:IAG) is an airline company. The Company serves its markets in North America, Latin America, Asia and Africa from two of Europe’s long-haul hubs, London Heathrow and Madrid Barajas. The Company operates in three segments: British Airways, Iberia and Vueling. IAG comprises three of the airlines in the United Kingdom and Spain. British Airways is the United Kingdom’s international airline and global carriers. Iberia is Spain’s air transport company. Vueling is a company at Barcelona El Prat Airport. It offers a network to Spain, Europe, the Middle East and Africa and is focused on providing a service at a low cost. As of December 31, 2013, the Company’s subsidiaries include Avios Group (AGL) Limited, Avios South Africa Proprietary Limited, BA and AA Holdings Limited, BA Cityflyer Limited, BA European Limited, BA Number One Limited, bmibaby Limited, among others.

[mike740] 13/7/2015 08:16

Off to a flyer this morning.

[mike740] 12/7/2015 19:54

International Consolidated Airlines Group broker views

Date Broker Recommendation Price Old target price New target price Notes

07 Jul Credit Suisse Outperform 531.00 750.00 750.00 Reiterates
06 Jul Jefferies International Buy 531.00 700.00 700.00 Reiterates
01 Jun Nomura Buy 531.00 - - Retains
29 May Liberum Capital Buy 531.00 700.00 700.00 Retains
29 May Societe Generale Buy 531.00 750.00 750.00 Reiterates

[mike740] 12/7/2015 19:37

Share of the week: IAG gets Ryanair's backing
By Lee Wild | Fri, 10th July 2015 - 16:33

Ryanair (RYA) boss Michael O'Leary has finally and begrudgingly accepted International Consolidated Airlines' (IAG) offer for Aer Lingus. The Irishman had refused to give up his 29.8% stake in the budget carrier following a €1.3 billion (£940 million) bid from the British Airways owner. But IAG was in demand for other reasons this week and the shares are up 8% in side five days.
Getting Ryanair's backing for the deal - already accepted by the Irish government which owned 25% of the business - means IAG can now move forward. It just needs approval from the European competition authorities.

And this is clearly good business for Willie Walsh's IAG. Aer Lingus has 23 valuable Heathrow slot pairs, and its fleet of short-haul A320 jets will sit well alongside the flag carrier's existing operators - Iberia, British Airways and Vueling - which have all integrated well.

Of course, low oil prices and a thriving economy help the airlines. IAG shares have soared from just 140p three years ago to a high of 630p in March. On Friday they kissed technical support at around 530p, as high as they've been for five weeks.

But analysts at Credit Suisse believe there's much more to come. In a note published on Tuesday, the broker repeated its 'outperform' rating for IAG and 750p price target.

In a note analysing transatlantic business, Credit Suisse tips earnings per share (EPS) to grow by 84% in 2015 to €0.74, then by 34% next year and 13% in 2017. That puts IAG shares on a modest forward price/'earnings ratio of less than 10 for 2015, dropping to just 7 next year.

Expect pricing growth in all fare classes on the Heathrow to JFK route persisting into summer, it says. There has been no discernible increase in price competition, and BA's leading share of 60% of Heathrow-US positions it to continue to deliver strong pricing.

"In Europe, IAG's investment case is most Transatlantic-centric and we expect a strong summer for IAG to re-invigorate the share price with it trading at 4.7x 2016E EV/EBITDAR, the lowest multiple of the big five European names," writes analyst Neil Glynn.

[mike740] 12/7/2015 13:47

IAG International Consolidated Airlines could be in for an extended Bull Run after recent fundy developments. Cheap.. very cheap.

[standish11] 10/7/2015 08:19

The Ryanair board have unanimously agreed to sell their Aer Lingus stake to IAG. Onward and upwards....

[skinny] 09/7/2015 11:08

A decent move up this morning - as with EZJ & RYA.

[dac123] 06/7/2015 17:22

Toxic Fume Events
does that refer to your posts over the last year.

[applepieinthesky] 03/7/2015 16:43

People should be asking about Toxic Fume Events on-board how passengers are oblivious what's going on around them.

[skinny] 18/6/2015 13:21

Its always been a question of when as opposed to if and is a timely announcement!

[onething] 18/6/2015 00:20

Back on the up come September.

[younasm] 16/6/2015 13:51

Doubled up long positions..... Will have wait a while for a trend reversal.

[bookbroker] 16/6/2015 08:59

Can see QIA increasing stake at this level!

[bookbroker] 16/6/2015 08:50

6bln Euro's in cash, mkt cap 10 bln Sterling, this is looking undervalued irrespective of Greece, Euro will survive without them, back-scuttling taking place in equities, big over-reaction typical by market!

[dgwinterbottom] 16/6/2015 07:16

Many thanks much appreciated

[skinny] 15/6/2015 12:59

"Shares in budget airline Easyjet fell after RBC Capital Markets downgraded the stock to 'underperform' from 'outperform' and slashed its price target to 1,500p from 2,000p, noting that its positive outlook for summer has proved incorrect. "As summer is key, we see few positive catalysts until mid-2016, while easyJet faces a winter squeeze," said RBC.

Airline conglomerate IAG was also out of favour, along with travel peers Carnival and Thomas Cook."

[dac123] 15/6/2015 12:29

It's normal for some shares this one included to go down at this time of the year for no apparent reason, other than the sell in May sentiment. I decided to try it this year so sold at 615 in April, I will come back at the end of July all being well. I am a strong believer this has a lot more to go I think IAG will be 650 to 700 by year end possibly 750 by early next year. Obviously a few outside influences might intervene like Greece (down), or a dividend announced at the AGM (up).