International Consolidated Airlines Group's (IAG) Buy Rating Reaffirmed at 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.

International Consolidated Airlines Group (LON:IAG - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Peel Hunt in a note issued to investors on Friday, MarketBeat.com reports. They presently have a GBX 420 ($5.58) price target on the stock. Peel Hunt's price target indicates a potential upside of 10.79% from the company's current price.

Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 460 ($6.11) price target on shares of International Consolidated Airlines Group in a research note on Monday. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of GBX 384 ($5.10).

International Consolidated Airlines Group Trading Up 1.5%

IAG opened at GBX 379.10 ($5.03) on Friday. 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 cap of £22.40 billion, a price-to-earnings ratio of 8.01, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31. The firm has a 50 day simple moving average of GBX 346.57 and a 200 day simple moving average of GBX 316.15. International Consolidated Airlines Group has a fifty-two week low of GBX 159.20 ($2.11) and a fifty-two week high of GBX 393.20 ($5.22).

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.

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