International Consolidated Airlines Group S.A. (LON:IAG) Given Average Rating of "Moderate Buy" by Analysts

International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) has been given an average recommendation of "Moderate Buy" by the seven ratings firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 348.33 ($4.73).

Several research firms have recently weighed in on IAG. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of International Consolidated Airlines Group in a research note on Monday, March 3rd. Citigroup reiterated a "buy" rating and issued a GBX 390 ($5.29) price objective on shares of International Consolidated Airlines Group in a research note on Monday, March 31st. Jefferies Financial Group lifted their price objective on shares of International Consolidated Airlines Group from GBX 350 ($4.75) to GBX 400 ($5.43) and gave the company a "buy" rating in a research note on Monday, March 3rd. Peel Hunt reiterated a "buy" rating and issued a GBX 420 ($5.70) price objective on shares of International Consolidated Airlines Group in a research note on Tuesday, April 29th. Finally, Barclays lowered shares of International Consolidated Airlines Group to an "underweight" rating and lowered their price objective for the company from GBX 420 ($5.70) to GBX 250 ($3.39) in a research note on Wednesday, March 12th.

International Consolidated Airlines Group Trading Down 0.9%

International Consolidated Airlines Group stock traded down GBX 2.94 ($0.04) during mid-day trading on Wednesday, hitting GBX 323.46 ($4.39). 32,538,619 shares of the stock were exchanged, compared to its average volume of 25,505,131. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 338.12. International Consolidated Airlines Group has a 12 month low of GBX 158.95 ($2.16) and a 12 month high of GBX 368.06 ($4.99). The firm's fifty day simple moving average is GBX 276.42 and its two-hundred day simple moving average is GBX 292.98. The stock has a market capitalization of £19.11 billion, a price-to-earnings ratio of 6.83, a PEG ratio of 0.21 and a beta of 2.31.

International Consolidated Airlines Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 30th. Shareholders of record on Thursday, June 26th will be issued a dividend of €0.06 ($0.07) per share. The ex-dividend date of this dividend is Thursday, June 26th. This is an increase from International Consolidated Airlines Group's previous dividend of $0.03. This represents a yield of 1.72%. International Consolidated Airlines Group's dividend payout ratio is 10.56%.

International Consolidated Airlines Group Company Profile

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.