Analysts Set International Consolidated Airlines Group S.A. (LON:IAG) Target Price at GBX 384

Shares of International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) have earned a consensus rating of "Moderate Buy" from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 384 ($5.18).

A number of equities analysts recently weighed in on the company. Peel Hunt reissued a "buy" rating and issued a GBX 420 ($5.66) price target on shares of International Consolidated Airlines Group in a research note on Tuesday, April 29th. Citigroup reissued a "buy" rating and issued a GBX 390 ($5.26) price target on shares of International Consolidated Airlines Group in a research note on Monday, March 31st. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on International Consolidated Airlines Group from GBX 385 ($5.19) to GBX 460 ($6.20) and gave the stock a "buy" rating in a research note on Friday, July 4th.

International Consolidated Airlines Group Trading Down 0.2%

IAG traded down GBX 0.60 ($0.01) during trading on Thursday, reaching GBX 369.30 ($4.98). The company had a trading volume of 13,661,616 shares, compared to its average volume of 24,523,049. The firm's 50-day simple moving average is GBX 326.62 and its 200 day simple moving average is GBX 308.72. The company has a market cap of £21.82 billion, a price-to-earnings ratio of 7.80, a PEG ratio of 0.21 and a beta of 2.31. International Consolidated Airlines Group has a 12-month low of GBX 158.95 ($2.14) and a 12-month high of GBX 374.70 ($5.05). The company has a debt-to-equity ratio of 338.12, a quick ratio of 0.63 and a current ratio of 0.70.

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.