International Consolidated Airlines Group S.A. (LON:IAG) Receives GBX 403.33 Average PT from Analysts

Key Points

• International Consolidated Airlines Group S.A. has received a consensus recommendation of "Moderate Buy" from seven brokerages, with six issuing buy recommendations and one rating it as a sell.
• The average 12-month price target for the stock among analysts is GBX 403.33, with some analysts setting targets as high as GBX 500.
• The company currently has a market cap of £22.91 billion and exhibits significant volatility, indicated by a beta of 2.31.

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

Several brokerages have recently commented on IAG. Peel Hunt reaffirmed a "buy" rating and set a GBX 420 price objective on shares of International Consolidated Airlines Group in a research report on Friday, August 1st. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 460 price objective on shares of International Consolidated Airlines Group in a research report on Monday, August 4th. Finally, Royal Bank Of Canada raised their price objective on shares of International Consolidated Airlines Group from GBX 440 to GBX 500 and gave the stock an "outperform" rating in a research report on Thursday, August 7th.

International Consolidated Airlines Group Trading Up 2.7%

LON:IAG traded up GBX 10.20 on Friday, reaching GBX 391. 17,665,502 shares of the stock traded hands, compared to its average volume of 22,448,117. The firm has a market capitalization of £18.17 billion, a price-to-earnings ratio of 605.26, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31. The company's 50 day moving average is GBX 373.76 and its 200-day moving average is GBX 323.87. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 338.12. International Consolidated Airlines Group has a 1-year low of GBX 182.05 and a 1-year high of GBX 396.60.

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.