International Consolidated Airlines Group (LON:IAG) Stock Price Breaks Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• IAG shares rose 3.8% and briefly climbed above their 200-day moving average of GBX 416.88, reaching GBX 420.60 on heavy trading volume.
• Analyst sentiment remains positive: four analysts rate the stock a Buy and one a Sell, producing a “Moderate Buy” consensus and an average price target of GBX 510 versus the latest price of GBX 417.90.
• The company has a £18.24 billion market capitalization and a low P/E ratio of 6.51, but its balance sheet shows elevated leverage, with a debt-to-equity ratio of 160.78 and liquidity ratios below 1.

International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of GBX 416.88 and traded as high as GBX 420.60. International Consolidated Airlines Group shares last traded at GBX 417.90, with a volume of 11,315,408 shares traded.

Analyst Upgrades and Downgrades

IAG has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 645 price objective on shares of International Consolidated Airlines Group in a report on Monday, August 3rd. Royal Bank Of Canada lifted their target price on shares of International Consolidated Airlines Group from GBX 465 to GBX 500 and gave the company an "outperform" rating in a report on Friday, August 21st. Finally, Citigroup reduced their price target on shares of International Consolidated Airlines Group from GBX 610 to GBX 600 and set a "buy" rating for the company in a research report on Monday, August 3rd. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of GBX 510.

International Consolidated Airlines Group Trading Up 3.8%

The company has a 50 day simple moving average of GBX 423.70 and a 200 day simple moving average of GBX 416.88. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 160.78. The stock has a market capitalization of £18.24 billion, a PE ratio of 6.51, a P/E/G ratio of 0.21 and a beta of 1.32.

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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