International Consolidated Airlines Group (LON:IAG) Price Target Raised to GBX 500 at Royal Bank Of Canada

International Consolidated Airlines Group (LON:IAG) had its price objective upped by equities research analysts at Royal Bank Of Canada from GBX 465 to GBX 500 in a research report issued to clients and investors on Friday,London Stock Exchange reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price indicates a potential upside of 18.26% from the company’s current price.

Other equities research analysts have also issued research reports about the company. UBS Group reissued a “sell” rating and issued a GBX 355 target price on shares of International Consolidated Airlines Group in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 645 price target on shares of International Consolidated Airlines Group in a research report on Monday, August 3rd. Finally, Citigroup decreased their price target on International Consolidated Airlines Group from GBX 610 to GBX 600 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Four investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 510.

International Consolidated Airlines Group Stock Performance

International Consolidated Airlines Group stock opened at GBX 422.80 on Friday. The firm has a fifty day simple moving average of GBX 450.89 and a two-hundred day simple moving average of GBX 414.94. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 160.78. International Consolidated Airlines Group has a twelve month low of GBX 332.70 and a twelve month high of GBX 492.90. The company has a market capitalization of £18.62 billion, a PE ratio of 6.59, a P/E/G ratio of 0.21 and a beta of 1.32.

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.