International Consolidated Airlines Group’s (IAG) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their buy rating on shares of International Consolidated Airlines Group (LON:IAG) in a research note published on Monday morning, MarketBeat reports. They currently have a GBX 645 price target on the stock.

Several other research analysts have also weighed in on IAG. Royal Bank Of Canada lowered their price target on International Consolidated Airlines Group from GBX 480 to GBX 465 and set an “outperform” rating on the stock in a research report on Monday, May 11th. UBS Group reiterated a “sell” rating and issued a GBX 355 price target on shares of International Consolidated Airlines Group in a research report on Tuesday, May 5th. Finally, Citigroup cut their price target on International Consolidated Airlines Group from GBX 610 to GBX 600 and set a “buy” rating for the company in a research note on Monday. Four investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, International Consolidated Airlines Group currently has an average rating of “Moderate Buy” and a consensus target price of GBX 503.

International Consolidated Airlines Group Price Performance

Shares of IAG stock opened at GBX 443.20 on Monday. International Consolidated Airlines Group has a 1 year low of GBX 332.70 and a 1 year high of GBX 492.90. The firm’s 50 day moving average is GBX 446.55 and its 200-day moving average is GBX 413.13. The firm has a market capitalization of £19.63 billion, a price-to-earnings ratio of 6.90, a PEG ratio of 0.21 and a beta of 1.32. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 160.78.

About International Consolidated Airlines Group

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.