International Consolidated Airlines Group (LON:IAG) Given New GBX 215 Price Target at Deutsche Bank Aktiengesellschaft

International Consolidated Airlines Group (LON:IAG) had its price target boosted by analysts at Deutsche Bank Aktiengesellschaft from GBX 200 ($2.47) to GBX 215 ($2.66) in a research report issued on Tuesday, Digital Look reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 22.19% from the stock’s previous close.

Other equities analysts have also issued research reports about the stock. Royal Bank of Canada upped their target price on shares of International Consolidated Airlines Group from GBX 200 ($2.47) to GBX 220 ($2.72) and gave the stock an “outperform” rating in a research report on Thursday, March 21st. Bank of America restated a “buy” rating and set a GBX 230 ($2.84) target price on shares of International Consolidated Airlines Group in a research report on Friday, March 1st.

International Consolidated Airlines Group Price Performance

Shares of IAG traded up GBX 0.75 ($0.01) during mid-day trading on Tuesday, reaching GBX 175.95 ($2.17). The stock had a trading volume of 22,575,593 shares, compared to its average volume of 15,482,963. The company has a debt-to-equity ratio of 490.60, a quick ratio of 0.63 and a current ratio of 0.63. The business has a fifty day moving average of GBX 159.68 and a 200 day moving average of GBX 154.20. International Consolidated Airlines Group has a 12 month low of GBX 137 ($1.69) and a 12 month high of GBX 182 ($2.25). The firm has a market cap of £8.66 billion, a price-to-earnings ratio of 409.19, a PEG ratio of 0.21 and a beta of 2.33.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.