Deutsche Bank Aktiengesellschaft Reaffirms "Buy" Rating for International Consolidated Airlines Group (LON:IAG)

Key Points

• Deutsche Bank Aktiengesellschaft has reiterated a "buy" rating for International Consolidated Airlines Group (IAG) with a price target of GBX 460 ($6.11), indicating a potential upside of 21.50% from the recent close.
• Peel Hunt also maintains a "buy" rating for IAG with a price target of GBX 420 ($5.58), while the average rating for the stock is currently a "Moderate Buy" with a target price of GBX 384 ($5.10).
• IAG's shares opened at GBX 378.60 ($5.03) and have seen a market cap of £22.37 billion, with a twelve-month trading range between GBX 159.20 ($2.11) and GBX 393.20 ($5.22).

International Consolidated Airlines Group (LON:IAG - Get Free Report)'s stock had its "buy" rating reiterated by equities research analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Monday,London Stock Exchange reports. They presently have a GBX 460 ($6.11) price target on the stock. Deutsche Bank Aktiengesellschaft's price target would suggest a potential upside of 21.50% from the company's previous close.

Separately, Peel Hunt reaffirmed a "buy" rating and set a GBX 420 ($5.58) price objective on shares of International Consolidated Airlines Group in a research note on Tuesday, April 29th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the stock. According to MarketBeat, International Consolidated Airlines Group presently has an average rating of "Moderate Buy" and an average target price of GBX 384 ($5.10).

International Consolidated Airlines Group Stock Up 1.4%

IAG opened at GBX 378.60 ($5.03) on Monday. The firm has a market cap of £22.37 billion, a price-to-earnings ratio of 8.00, a PEG ratio of 0.21 and a beta of 2.31. The company has a debt-to-equity ratio of 338.12, a quick ratio of 0.63 and a current ratio of 0.70. The firm's 50-day simple moving average is GBX 346.57 and its 200-day simple moving average is GBX 316.15. International Consolidated Airlines Group has a twelve month low of GBX 159.20 ($2.11) and a twelve month high of GBX 393.20 ($5.22).

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.

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