International Consolidated Airlines Group (LON:IAG) Share Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• International Consolidated Airlines Group S.A. (IAG) shares have crossed above their 200-day moving average, indicating positive momentum in trading as the stock reached a peak of GBX 387.90 ($5.22).
• Several analysts have rated the stock positively, with a consensus target price of GBX 403.33 and six analysts giving it a "Buy" rating.
• The company has a high debt-to-equity ratio of 338.12 and a market cap of £17.59 billion, highlighting its financial leverage and overall market presence.

Shares of International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 332.67 ($4.47) and traded as high as GBX 387.90 ($5.22). International Consolidated Airlines Group shares last traded at GBX 386.10 ($5.19), with a volume of 10,883,023 shares traded.

Analyst Ratings Changes

IAG has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 460 target price on shares of International Consolidated Airlines Group in a research report on Monday, August 4th. Royal Bank Of Canada raised their price objective on International Consolidated Airlines Group from GBX 440 to GBX 500 and gave the company an "outperform" rating in a report on Thursday, August 7th. Finally, Peel Hunt restated a "buy" rating and set a GBX 420 price objective on shares of International Consolidated Airlines Group in a research report on Friday, August 1st. Six analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of GBX 403.33.

International Consolidated Airlines Group Stock Performance

The company has a debt-to-equity ratio of 338.12, a current ratio of 0.70 and a quick ratio of 0.63. The company has a fifty day moving average price of GBX 383.63 and a 200 day moving average price of GBX 332.67. The stock has a market cap of £17.59 billion, a P/E ratio of 588.58, a P/E/G 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.

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