International Consolidated Airlines Group (LON:IAG) Price Target Raised to GBX 460 at Deutsche Bank Aktiengesellschaft

International Consolidated Airlines Group (LON:IAG - Get Free Report) had its price objective boosted by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 385 ($5.26) to GBX 460 ($6.28) in a research report issued on Friday,Digital Look reports. The brokerage presently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's target price would suggest a potential upside of 33.02% from the company's current price.

IAG has been the subject of a number of other reports. Barclays lowered shares of International Consolidated Airlines Group to an "underweight" rating and reduced their price objective for the company from GBX 420 ($5.73) to GBX 250 ($3.41) in a research note on Wednesday, March 12th. Peel Hunt reissued a "buy" rating and set a GBX 420 ($5.73) price target on shares of International Consolidated Airlines Group in a research report on Tuesday, April 29th. Finally, Citigroup restated a "buy" rating and issued a GBX 390 ($5.32) price objective on shares of International Consolidated Airlines Group in a report on Monday, March 31st. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of GBX 384 ($5.24).

International Consolidated Airlines Group Stock Up 0.4%

Shares of LON:IAG traded up GBX 1.40 ($0.02) on Friday, hitting GBX 345.80 ($4.72). 10,511,663 shares of the company traded hands, compared to its average volume of 24,924,883. The stock has a 50 day simple moving average of GBX 314.94 and a 200-day simple moving average of GBX 306.19. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 338.12. The company has a market cap of £20.43 billion, a PE ratio of 7.30, a PEG ratio of 0.21 and a beta of 2.31. International Consolidated Airlines Group has a 52 week low of GBX 158.95 ($2.17) and a 52 week high of GBX 368.06 ($5.02).

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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