British Airways Owner IAG Lures Upbeat Calls as Travel Rebounds
- Liberum analyst sees 133% gain for IAG in the next 12 months
- Ratio of buy-rated analysts hits highest since August 2021
This article is for subscribers only.
Analysts are scrambling to raise their stock price targets on British Airways-owner IAG SA, turning the most bullish in nearly two years amid a bounce in air travel.
Over the past month, at least nine analysts boosted their expectations for the share performance, with Liberum analyst Gerald Khoo predicting a 133% rally in the next year. That’s taken the average expected returns on IAG to 29%, while the ratio of buy-equivalent ratings has hit the highest since August 2021.