International Consolidated Airlines Group S.A. (LON:IAG) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of International Consolidated Airlines Group S.A. (LON:IAG) have been given an average rating of “Moderate Buy” by the seven research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation and six have given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 455.

Several research analysts have recently weighed in on the company. Citigroup increased their price target on International Consolidated Airlines Group from GBX 620 to GBX 630 and gave the stock a “buy” rating in a research note on Monday, November 10th. Peel Hunt reiterated a “buy” rating and set a GBX 450 target price on shares of International Consolidated Airlines Group in a research report on Friday, November 7th. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 500 price target on shares of International Consolidated Airlines Group in a research report on Monday, November 10th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of International Consolidated Airlines Group from GBX 475 to GBX 500 and gave the company a “buy” rating in a research note on Monday, November 17th.

International Consolidated Airlines Group Price Performance

Shares of LON IAG opened at GBX 434 on Thursday. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 338.12. The stock has a fifty day simple moving average of GBX 403.36 and a two-hundred day simple moving average of GBX 388.60. International Consolidated Airlines Group has a 1-year low of GBX 210 and a 1-year high of GBX 438.60. The firm has a market cap of £19.83 billion, a price-to-earnings ratio of 6.73, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31.

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.