“While valuation does not seem overly expensive in terms of headline numbers, we no longer see a good enough risk-adjusted return for a buy rating," analysts at Goldman said in a research note.
Goldman projects for IAG an earnings before interest and tax margin of 14% in 2025, which compares to a 2014 to 2019 average of 12%, and has only been surpassed in 2015.
On this basis its 2025 Ebit estimate of EUR4.5 billion is in line with consensus. But unlike a year ago "we are not convinced the company can now durably and materially beat these higher expectations," Goldman said.
IAG is a group of airlines, RR is a very different and diversified business with government backing.
I had RR shares and they have done very well but it’s completely different and I don’t know why people here compare. Worst thing you can do is compare unrelated businesses. Might as well compare all the other airlines to RR if that’s the case….
Well looks like market cap isn’t that appealing to a lot of investors now as I had mentioned. GS have stated the same, might get to £3.75 but £4 unlikely unless the results are a big surprise to the positive .
As i said, you say you sell before the fact and mention you have done so with excuses after the fact.... very predictable.....anyone can do that same, boring....
JohnBriggs i had stated the market cap was too high, if you only want to hear from Sundezena and all the up up up-ers, filter me. This is a SP chat and not your ego masseuse..... take the loss today.....
Sundezena the Clown is nowhere to be seen… Probably on safari Monday! Market Cap is too high now, I would not be confident investing at even these lower prices.
RE: Back travel stocks making hay in the US6 Feb 2025 19:10
Good performance by IAG today however market outperformed overall in Europe. Shares which did better include, Air France, Easyjet, Wizz, Lufthansa, Norweigan Air Shuttle. The list goes on.
He is hiding behind his keyboard, even when i was fully invested i couldnt stand his up up up when it went down down down in the past, be warned. He wont share a screenshot of his gains which proves he is a lot of hot air.
DB i am invested in different US shares with a smaller amount, i paid off the mortgage which was my priority. Dont see a doubling of stock here but i do with other shares.Sundezena the Clown is not putting where his mouth is and proving his gains like i did so point proven.
Sudezena the Clown, show your hand if you are so confident you are making money. I’d say you’re investing pennies which is mine and many’s belief until you put your money statement where your mouth is. Until then you are only a keyboard warrior