IAG Stock Recent News

British Airways-owner IAG will consider selling its 20% stake in Air Europa as the Spanish airline's owner continues talks with Air France-KLM and Lufthansa to sell a stake in the company.

Shares in British Airways owner  International Consolidated Airlines Group SA (LSE:IAG) and Ryanair Holdings PLC (LSE:RYA) were in focus on Tuesday after Citi offered a bullish take on Europe's biggest airlines, saying strong summer demand is keeping recession fears firmly on the tarmac. The bank's analysts said they had taken a group of investors on a tour of airline management teams across Europe last week, including meetings with IAG, Ryanair, Lufthansa and Wizz Air.

Iamgold (IAG) closed the most recent trading day at $5.94, moving -1.66% from the previous trading session.

International Consolidated Airlines Group SA (LSE:IAG) may not see the same financial impact from last week's Heathrow fire as the £80 million hit the British Airways owner took from an IT outage in 2017.  After Heathrow was closed on Friday because of an electrical substation fire, Citi's initial thoughts were to compare the situation to the 2017 IT outage cost, which included £30 million in lost revenue.

Despite potential headwinds, IAG's solid execution, cost control, and customer demand ensure continued profitability and margin growth. The company's robust balance sheet and strategic buybacks, alongside a £7 billion transformation plan, bolster confidence in future performance. IAG valuation suggests at least a 28% share price appreciation potential. Deleverage and dividends are also downside protection to consider.

Toronto, Ontario--(Newsfile Corp. - March 21, 2025) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") announces that it has filed with the U.S. Securities and Exchange Commission its Form 40-F report consisting of its 2024 annual audited financial statements, management discussion and analysis and the annual information form ("AIF"). These filings are available through EDGAR at http://www.sec.gov/edgar.

Investing used to be a rich man's game, but over the years the stock market has been democratized.

IAG share price has crawled back in the past six consecutive days as investors bought the dip following a 25% dip earlier this month. The stock was trading at 300p on Thursday as UK stocks stabilized following the Federal Reserve decision.

IAG, owning major airlines like British Airways and Aer Lingus, is undervalued against its peers and is currently discounted due to market overreactions to unrelated US domestic flight data. Despite industry challenges, IAG's revenue per available seat mile and operating margins outperform competitors, increasing more YoY, showcasing its strong profitability and efficiency. With a forward P/E of 5.9 versus an industry average of 14.6, IAG is a bargain, especially after the recent market dip.

International Consolidated Airlines Group SA (LSE:IAG) shares have taken a hit recently, dropping around 25% from their highs, as investors worry about a slowdown in US demand. But JPMorgan thinks the sell-off is overdone.