International Consolidated Airlines Group S.A. (LON:IAG) Receives GBX 384 Average Target Price from Brokerages

International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) has been given a consensus rating of "Moderate Buy" by the seven brokerages that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 403.33.

A number of research analysts have commented on IAG shares. Peel Hunt reaffirmed a "buy" rating and issued a GBX 420 ($5.61) target price on shares of International Consolidated Airlines Group in a research report on Friday, August 1st. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 460 ($6.14) target price on shares of International Consolidated Airlines Group in a research report on Monday. Finally, Royal Bank Of Canada increased their price target on shares of International Consolidated Airlines Group from GBX 440 ($5.88) to GBX 500 ($6.68) and gave the stock an "outperform" rating in a research note on Thursday.

International Consolidated Airlines Group Trading Down 0.3%

International Consolidated Airlines Group stock traded down GBX 1 ($0.01) during trading on Monday, reaching GBX 373.30 ($4.99). 18,146,416 shares of the company were exchanged, compared to its average volume of 23,610,430. The stock's 50 day simple moving average is GBX 348.79 and its two-hundred day simple moving average is GBX 317.05. 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 market capitalization of £22.06 billion, a P/E ratio of 7.88, a PEG ratio of 0.21 and a beta of 2.31. International Consolidated Airlines Group has a 52-week low of GBX 161.75 ($2.16) and a 52-week high of GBX 393.20 ($5.25).

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.