International Consolidated Airlines Group (LON:IAG) Price Target Raised to GBX 460

International Consolidated Airlines Group (LON:IAG - Free Report) had its target price increased by Deutsche Bank Aktiengesellschaft from GBX 385 ($5.24) to GBX 460 ($6.26) in a research report sent to investors on Friday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

Several other analysts also recently issued reports on IAG. Barclays downgraded International Consolidated Airlines Group to an "underweight" rating and decreased their price target for the stock from GBX 420 ($5.72) to GBX 250 ($3.40) in a research note on Wednesday, March 12th. Peel Hunt reiterated a "buy" rating and set a GBX 420 ($5.72) price target on shares of International Consolidated Airlines Group in a research note on Tuesday, April 29th. Finally, Citigroup restated a "buy" rating and set a GBX 390 ($5.31) target price on shares of International Consolidated Airlines Group in a research note 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's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of GBX 384 ($5.23).

International Consolidated Airlines Group Stock Up 2.4%

LON IAG traded up GBX 8.20 ($0.11) on Friday, reaching GBX 354.80 ($4.83). The stock had a trading volume of 12,536,796 shares, compared to its average volume of 24,693,404. The business has a 50 day moving average price of GBX 318.45 and a 200 day moving average price of GBX 307.02. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 338.12. International Consolidated Airlines Group has a 1 year low of GBX 158.95 ($2.16) and a 1 year high of GBX 368.06 ($5.01). The company has a market capitalization of £20.96 billion, a price-to-earnings ratio of 7.49, a P/E/G ratio of 0.21 and a beta of 2.31.

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.