0950 GMT - IAG shares should continue to outperform this year as the market underappreciates the group's pricing and earnings power, JPMorgan analysts say in a research note. The British Airways, Iberia and Vueling owner is the brokerage's top pick for 2025. The analysts expect consensus expectations for earnings this year to tick upward by at least a few percentages, they say. Among the positive takeaways from the company's year-end result is a 14% increase in transatlantic pricing in 4Q and a new 1 billion euro share-buyback plan which exceeds JPM's expectations. Shares trade up 4.3% at 3.53 pounds. (pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
February 28, 2025 04:50 ET (09:50 GMT)
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