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

Shares of International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) have been given an average recommendation of "Moderate Buy" by the six research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 384.

A number of equities analysts recently issued reports on IAG shares. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 460 ($6.12) price objective on shares of International Consolidated Airlines Group in a report on Monday. Peel Hunt restated a "buy" rating and issued a GBX 420 ($5.58) target price on shares of International Consolidated Airlines Group in a report on Friday, August 1st.

International Consolidated Airlines Group Stock Performance

LON:IAG traded down GBX 7 ($0.09) during mid-day trading on Monday, hitting GBX 374.30 ($4.98). The stock had a trading volume of 13,905,189 shares, compared to its average volume of 23,647,945. International Consolidated Airlines Group has a 52 week low of GBX 161.75 ($2.15) and a 52 week high of GBX 393.20 ($5.23). The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 338.12. The stock has a market capitalization of £22.12 billion, a price-to-earnings ratio of 7.91, a P/E/G ratio of 0.21 and a beta of 2.31. The company has a 50 day simple moving average of GBX 348.79 and a 200-day simple moving average of GBX 317.05.

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.