Panmure Liberum has advised investors to seek buying opportunities in quality airlines with financial strength, sound strategies and superior profit margins. It named International Consolidated Airlines Group SA (LSE:IAG) as its top pick, followed by Ryanair Holdings PLC (LSE:RYA) and Jet2 PLC (AIM:JET2).
Investors have grown more positive on European airlines over the past week, according to Citi, though overall positioning across the sector remains net negative. Long crowding, a measure of how heavily investors are clustered on the same bullish trade, increased across every stock the bank covers.
JP Morgan has removed International Consolidated Airlines Group SA (LSE:IAG) from its analyst 'focus list' after a run of outperformance, while cutting earnings forecasts for the British Airways owner on higher fuel costs and reduced capacity. Analyst Harry Gowers lowered his operating profit estimates by 6%, 5% and 4% across the forecast period following second-quarter results, and now expects...
International Consolidated Airlines (IAG) share price dropped to 414p and then bounced back after the company published mixed financial results amid the ongoing US-Iran war. IAG was trading at 435p at the time of writing, down by 12% from its highest point this year.
International Airlines Group said the conflict weighed on capacity in the first half, but its British Airways business was boosted by corporate travelers avoiding the Middle East.
Deutsche Bank sees more than 35% upside in International Consolidated Airlines Group SA (LSE:IAG) as the bank's analysts expect 2026 operating profit of around €4.3 billion. The German bank, in a note, raised its price target to 645p, from 540p, versus the current market price of around 470p, and repeated a ‘Buy' recommendation.
Investors remain selective on European airline stocks, with IAG retaining its position as the market's favourite despite a slightly more cautious tone across the sector, according to separate reports from Citi and UBS. Citi said investor positioning turned modestly more negative over the past week, although sentiment remains considerably more positive than a month ago.
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