International Consolidated Airlines Group S.A. (LON:IAG) Receives Average Recommendation of "Moderate Buy" from Analysts

Shares of International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the seven research firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 348.33 ($4.73).

Several research firms recently commented on IAG. Citigroup restated a "buy" rating and set a GBX 390 ($5.30) price target on shares of International Consolidated Airlines Group in a report on Monday, March 31st. Barclays lowered shares of International Consolidated Airlines Group to an "underweight" rating and dropped their price target for the company from GBX 420 ($5.70) to GBX 250 ($3.39) in a research report on Wednesday, March 12th. Jefferies Financial Group boosted their target price on shares of International Consolidated Airlines Group from GBX 350 ($4.75) to GBX 400 ($5.43) and gave the stock a "buy" rating in a research report on Monday, March 3rd. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of International Consolidated Airlines Group in a research report on Monday, March 3rd. Finally, Peel Hunt reiterated a "buy" rating and set a GBX 420 ($5.70) price target on shares of International Consolidated Airlines Group in a research note on Tuesday, April 29th.

International Consolidated Airlines Group Stock Performance

IAG stock opened at GBX 315.01 ($4.28) on Friday. 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 stock has a market cap of £18.61 billion, a P/E ratio of 6.65, a P/E/G ratio of 0.21 and a beta of 2.31. The firm has a 50 day simple moving average of GBX 292.29 and a 200 day simple moving average of GBX 301.09. International Consolidated Airlines Group has a 52 week low of GBX 3.38 ($0.05) and a 52 week high of GBX 368.06 ($5.00).

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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