International Airlines Group with fresh analyst backing, shares trade below Bernstein target
23.06.2026 - 12:17:55 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 12:15.
International Airlines Group (ES0177542018) sits back in the analyst spotlight this Tuesday. Bernstein has reaffirmed its Buy rating on the London-listed airline, keeping a 480 pence price target while the shares trade below that level on the LSE as MarketScreener reports in its latest analyst note.
What Bernstein is saying
According to the Bernstein update published on June 23, 2026, analyst Alex Irving has reiterated his positive view on International Airlines Group, maintaining a Buy recommendation on the stock. The price target stays at 480 pence, compared with a real-time estimate around 463.65 pence, implying modest upside from current levels on the London Stock Exchange.
The Bernstein note follows a period of relatively robust performance for the IAG shares. MarketScreener data shows the stock up around 11.75 percent year-to-date, with a roughly 1.94 percent gain over the past five trading days, while the latest tick shows a 0.46 percent intraday decline at 463.65 pence. That places the shares below both the Bernstein target and the average target of 5.766 euros cited in the same data set, indicating a consensus view that some upside still exists from present prices.
Analyst consensus and valuation picture
Beyond Bernstein, the broader analyst community has kept a constructive stance on International Airlines Group. MarketScreener’s consensus page for IAG highlights an average target price around 5.766 euros, with several major houses including Deutsche Bank reiterating Buy ratings in recent days, supporting a favorable outlook for the shares. This clustering of Buy recommendations in London underpins the international anchor for the stock in the European airline sector, where peers such as easyJet and Ryanair are also widely covered by the same houses.
The valuation arguments hinge partly on profitability and earnings momentum. A recent note from AlphaValue/Baader Europe referenced by MarketScreener indicated that IAG’s 2025 results were slightly ahead of expectations, prompting adjustments to EPS forecasts while still describing profitability as “slightly better-than-expected”. That framing dovetails with the stability in Bernstein’s target and rating: the bank sees no need for a downgrade at this stage, and the unchanged 480 pence objective suggests they view current trading levels as not excessive relative to earnings power.
Background and price data on International Airlines Group
For more details on the IAG shares, including historical prices, further analyst estimates and upcoming events, the ad-hoc-news topic page and the company’s Investor Relations site provide additional context.
How International Airlines Group makes its money
International Airlines Group operates as a holding company for several large European carriers, notably British Airways, Iberia, Aer Lingus and Vueling, along with the low-cost brand LEVEL. Revenue streams are primarily driven by passenger traffic on short-haul and long-haul routes across Europe, North America and Latin America, supplemented by cargo operations and ancillary services such as loyalty programs and partnerships with other airlines. British Airways and Iberia form the long-haul backbone, while Vueling and LEVEL provide cost-focused capacity on intra-European and selected transatlantic routes, giving IAG a diversified footprint across different customer segments.
Where the shares trade today
The International Airlines Group shares (ES0177542018) trade in London, with MarketScreener quoting a real-time estimate of 463.65 pence as of June 23, 2026, 06:10 EDT on the London Stock Exchange, corresponding to approximately 5.395 euros. This level leaves the stock below the 480 pence Bernstein price target and slightly under the average 5.766 euro target noted in the consensus data, highlighting the gap between current pricing and analyst expectations.
Key data on the International Airlines Group shares
- Company: International Consolidated Airlines Group, S.A.
- ISIN: ES0177542018
- WKN: A1H6AJ
- Ticker: IAG
- Trading venue: London Stock Exchange
- Price (as of 2026-06-23, 06:10): 463.65 GBX
- Market cap: approximately 10.6 billion EUR (as of 2026-06-23)
- Sector / industry: Airlines / Passenger Transportation
- Index membership: FTSE 100
- Next earnings date: not officially scheduled
Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. All data are based on sources cited in the text and may be subject to revision.
