International Consolidated Airlines Group's (IAG) Sell Rating Reaffirmed at UBS Group

Key Points

• UBS Group reaffirmed a Sell rating on IAG with a GBX 355 target, implying roughly a 3.59% downside from current levels.
• By contrast, Citigroup trimmed its target to GBX 600 but kept a Buy rating; the analyst consensus remains a Moderate Buy (four Buys, one Sell) with a consensus target of GBX 481.
• IAG was trading around GBX 368.20 with a market cap of £16.64bn and a P/E of 5.30, but shows high leverage (debt-to-equity 261.79) and low liquidity (quick ratio 0.63, current ratio 0.70), indicating valuation appeal alongside financial risk.

International Consolidated Airlines Group (LON:IAG - Get Free Report)'s stock had its "sell" rating reiterated by equities research analysts at UBS Group in a research report issued to clients and investors on Tuesday,Digital Look reports. They presently have a GBX 355 target price on the stock. UBS Group's price target points to a potential downside of 3.59% from the stock's current price.

Separately, Citigroup reduced their price target on International Consolidated Airlines Group from GBX 610 to GBX 600 and set a "buy" rating for the company in a report on Monday, April 20th. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, International Consolidated Airlines Group presently has an average rating of "Moderate Buy" and a consensus target price of GBX 481.

International Consolidated Airlines Group Trading Down 0.9%

International Consolidated Airlines Group stock opened at GBX 368.20 on Tuesday. International Consolidated Airlines Group has a 52 week low of GBX 275.20 and a 52 week high of GBX 464.28. The company has a debt-to-equity ratio of 261.79, a quick ratio of 0.63 and a current ratio of 0.70. The stock has a market capitalization of £16.64 billion, a P/E ratio of 5.30, a PEG ratio of 0.21 and a beta of 1.35. The stock has a 50-day simple moving average of GBX 380.09 and a 200 day simple moving average of GBX 399.75.

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.

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