International Consolidated Airlines Group (LON:IAG) Receives Buy Rating from Peel Hunt

Key Points

• Peel Hunt reaffirmed its "buy" rating for International Consolidated Airlines Group (IAG), setting a price target of GBX 420 ($5.58), indicating a potential upside of 10.79% from the current price.
• Deutsche Bank also reissued a "buy" rating for IAG, but with a higher price target of GBX 460 ($6.11), while the stock has an average target of GBX 384 ($5.10) among analysts.
• IAG has seen a recent trading increase of 1.5%, with its stock currently priced at GBX 379.10 ($5.03) and a market capitalization of £22.40 billion.

Peel Hunt reaffirmed their buy rating on shares of International Consolidated Airlines Group (LON:IAG - Free Report) in a research report sent to investors on Friday, August 1st, MarketBeat Ratings reports. They currently have a GBX 420 ($5.65) price target on the stock.

Separately, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 460 ($6.19) price target on shares of International Consolidated Airlines Group in a report on Monday. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of GBX 403.33 ($5.42).

International Consolidated Airlines Group Trading Up 0.1%

Shares of International Consolidated Airlines Group stock traded up GBX 0.40 ($0.01) on Friday, reaching GBX 373.70 ($5.03). The company had a trading volume of 9,130,912 shares, compared to its average volume of 23,515,709. The company has a debt-to-equity ratio of 338.12, a quick ratio of 0.63 and a current ratio of 0.70. The firm has a market cap of £22.08 billion, a PE ratio of 7.89, a PEG ratio of 0.21 and a beta of 2.31. The firm's 50 day moving average price is GBX 350.53 and its two-hundred day moving average price is GBX 317.84. International Consolidated Airlines Group has a 52-week low of GBX 163.65 ($2.20) and a 52-week high of GBX 393.20 ($5.29).

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.