International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as GBX 380.22 ($5.10) and last traded at GBX 377.20 ($5.06), with a volume of 19675846 shares changing hands. The stock had previously closed at GBX 376.80 ($5.06).
Wall Street Analysts Forecast Growth
IAG has been the subject of several research reports. Peel Hunt reissued a "buy" rating and set a GBX 420 ($5.64) price objective on shares of International Consolidated Airlines Group in a report on Tuesday, April 29th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of International Consolidated Airlines Group from GBX 385 ($5.17) to GBX 460 ($6.17) and gave the company a "buy" rating in a report on Friday, July 4th. Finally, Citigroup reissued a "buy" rating and set a GBX 390 ($5.23) price objective on shares of International Consolidated Airlines Group in a report on Monday, March 31st. One analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 384 ($5.15).
Check Out Our Latest Stock Analysis on IAG
International Consolidated Airlines Group Trading Down 0.9%
The firm has a market capitalization of £22.48 billion, a P/E ratio of 8.03, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31. The stock's 50-day simple moving average is GBX 336.03 and its two-hundred day simple moving average is GBX 311.27. The company has a debt-to-equity ratio of 338.12, a current ratio of 0.70 and a quick ratio of 0.63.
About International Consolidated Airlines Group
(
Get Free Report)
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.
Further Reading
Before you consider International Consolidated Airlines Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and International Consolidated Airlines Group wasn't on the list.
While International Consolidated Airlines Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
