International Consolidated Airlines Group (LON:IAG) Stock Passes Above 200 Day Moving Average of $151.71

Shares of International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 151.71 ($1.92) and traded as high as GBX 177.70 ($2.25). International Consolidated Airlines Group shares last traded at GBX 176.75 ($2.23), with a volume of 41,870,833 shares traded.

Wall Street Analysts Forecast Growth

Several research firms recently commented on IAG. Royal Bank of Canada lifted their price target on International Consolidated Airlines Group from GBX 200 ($2.53) to GBX 220 ($2.78) and gave the stock an "outperform" rating in a research report on Thursday, March 21st. Bank of America restated a "buy" rating and set a GBX 230 ($2.91) target price on shares of International Consolidated Airlines Group in a research report on Friday, March 1st.

View Our Latest Stock Analysis on International Consolidated Airlines Group

International Consolidated Airlines Group Stock Performance

The company has a debt-to-equity ratio of 490.60, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market capitalization of £8.70 billion, a PE ratio of 411.05, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31. The firm's fifty day simple moving average is GBX 152.69 and its 200 day simple moving average is GBX 152.03.

About International Consolidated Airlines Group

(Get Free Report)

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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