International Consolidated Airlines Group (LON:IAG) Earns "Buy" Rating from Deutsche Bank Aktiengesellschaft

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).

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of International Consolidated Airlines Group (LON:IAG - Free Report) in a research report report published on Monday, MarketBeat Ratings reports. The brokerage currently has a GBX 460 ($6.19) price target on the stock.

Separately, Peel Hunt restated a "buy" rating and issued a GBX 420 ($5.65) target price 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 six have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of GBX 403.33 ($5.42).

International Consolidated Airlines Group Stock Performance

Shares of IAG stock traded up GBX 0.40 ($0.01) during mid-day trading on Monday, reaching GBX 373.70 ($5.03). The stock had a trading volume of 9,130,912 shares, compared to its average volume of 23,515,709. The business's fifty day moving average is GBX 350.53 and its 200-day moving average is GBX 317.84. 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 firm has a market cap of £22.08 billion, a price-to-earnings ratio of 7.89, a PEG ratio of 0.21 and a beta of 2.31. International Consolidated Airlines Group has a 1-year low of GBX 163.65 ($2.20) and a 1-year high of GBX 393.20 ($5.29).

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.