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

Deutsche Bank reissued their buy rating on shares of International Consolidated Airlines Group (LON:IAG) in a report released on Monday morning,Digital Look reports. Deutsche Bank currently has a GBX 645 target price on the stock.

IAG has been the topic of a number of other research reports. Citigroup lowered 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 report on Monday, August 3rd. Royal Bank Of Canada upped their price objective on International Consolidated Airlines Group from GBX 465 to GBX 500 and gave the stock an “outperform” rating in a report on Friday, August 21st. Three research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 525.

International Consolidated Airlines Group Stock Performance

LON IAG opened at GBX 460.50 on Monday. International Consolidated Airlines Group has a 52-week low of GBX 332.70 and a 52-week high of GBX 492.90. The company has a fifty day moving average of GBX 424.30 and a 200-day moving average of GBX 417.87. The company has a market capitalization of £19.98 billion, a P/E ratio of 7.17, a P/E/G ratio of 0.21 and a beta of 1.32. The company has a debt-to-equity ratio of 160.78, a quick ratio of 0.63 and a current ratio of 0.77.

About International Consolidated Airlines Group

International Consolidated Airlines Group S.A., 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.