International Consolidated Airlines Group (LON:IAG) Hits New 1-Year High - Time to Buy?

Key Points

• International Consolidated Airlines Group (IAG) reached a new 52-week high of GBX 393.20 ($5.19) in trading, with the stock last priced at GBX 388.80 ($5.14) amidst significant trading volume of 224 million shares.
• Analysts have mixed ratings on IAG, with one sell rating and five buy ratings; Peel Hunt set a target price of GBX 420 ($5.55), while Deutsche Bank raised theirs to GBX 460 ($6.08).
• IAG has a market cap of £22.26 billion and a high debt-to-equity ratio of 338.12, indicating potential financial risk despite a price-to-earnings ratio of 7.96.

International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report)'s stock price reached a new 52-week high during trading on Friday . The company traded as high as GBX 393.20 ($5.23) and last traded at GBX 388.80 ($5.17), with a volume of 224374750 shares. The stock had previously closed at GBX 380.50 ($5.06).

Analysts Set New Price Targets

A number of research analysts have commented on the company. Peel Hunt reaffirmed a "buy" rating and set a GBX 420 ($5.58) target price on shares of International Consolidated Airlines Group in a report on Friday. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 460 ($6.11) price target on shares of International Consolidated Airlines Group in a report on Monday. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of GBX 384 ($5.10).

International Consolidated Airlines Group Stock Up 1.1%

The stock has a 50 day moving average price of GBX 347.64 and a 200 day moving average price of GBX 316.60. 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 market capitalization of £22.53 billion, a P/E ratio of 8.05, a PEG ratio of 0.21 and a beta of 2.31.

About International Consolidated Airlines Group

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.