Shares of International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 368.50 ($4.97) and last traded at GBX 367.60 ($4.96), with a volume of 58650301 shares changing hands. The stock had previously closed at GBX 362.30 ($4.89).
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the company. Citigroup restated a "buy" rating and issued a GBX 390 ($5.26) price target on shares of International Consolidated Airlines Group in a research report on Monday, March 31st. Peel Hunt restated a "buy" rating and issued a GBX 420 ($5.66) price target on shares of International Consolidated Airlines Group in a research report on Tuesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on International Consolidated Airlines Group from GBX 385 ($5.19) to GBX 460 ($6.20) and gave the company a "buy" rating in a research report on Friday, July 4th. 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 presently has an average rating of "Moderate Buy" and a consensus target price of GBX 384 ($5.18).
Check Out Our Latest Report on International Consolidated Airlines Group
International Consolidated Airlines Group Price Performance
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 company has a 50-day simple moving average of GBX 326.62 and a 200-day simple moving average of GBX 308.77. The company has a market cap of £21.82 billion, a price-to-earnings ratio of 7.80, a PEG ratio of 0.21 and a beta of 2.31.
About International Consolidated Airlines Group
(
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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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