Shares in International Consolidated Airlines, S.A. (IAG.L) have fallen dramatically from recent highs of 671p. Will it continue, or is this an opportunity to pick up a bargain?

• This stock is one of the more significant fallers in the period.
• Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
• Is the trend your friend, or is a bounce imminent?
• The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
• Now trading at 428.6p (at time of writing). A return to previous highs would represent a rise of 56%.
• Shares -36% from 12-month highs; +3% from 12 month lows.

Latest News

28 Feb:  International Consolidated Airlines, the owner of British Airways, posted flat profit growth for the full year as disruptions and higher fuel prices took a toll.

19 Feb:  Qatar Airways announced that it had increased its shareholding in International Consolidated Airlines to 25.1%, up from 21.4%.

12 Feb:  Citigroup has upgraded its rating on International Consolidated Airlines Group (IAG) to buy (from neutral).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

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