International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 303.60 ($4.17) and traded as high as GBX 312.70 ($4.29). International Consolidated Airlines Group shares last traded at GBX 308.70 ($4.24), with a volume of 23,895,719 shares changing hands.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on IAG shares. Barclays cut International Consolidated Airlines Group to an "underweight" rating and cut their target price for the stock from GBX 420 ($5.76) to GBX 250 ($3.43) in a research note on Wednesday, March 12th. Jefferies Financial Group raised their price objective on International Consolidated Airlines Group from GBX 350 ($4.80) to GBX 400 ($5.49) and gave the stock a "buy" rating in a research report on Monday, March 3rd. Peel Hunt restated a "buy" rating and issued a GBX 420 ($5.76) price objective on shares of International Consolidated Airlines Group in a report on Tuesday, April 29th. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of International Consolidated Airlines Group in a research note on Monday, March 3rd. Finally, Citigroup reiterated a "buy" rating and set a GBX 390 ($5.35) price target on shares of International Consolidated Airlines Group in a research report on Monday, March 31st. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of GBX 372 ($5.10).
View Our Latest Stock Report on IAG
International Consolidated Airlines Group Price 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 firm has a market capitalization of £19.65 billion, a price-to-earnings ratio of 7.02, a PEG ratio of 0.21 and a beta of 2.31. The stock has a 50 day moving average price of GBX 306.02 and a two-hundred day moving average price of GBX 304.46.
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.
Further Reading
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