International Consolidated Airlines Group (LON:IAG) Price Target Increased to GBX 215 by Analysts at Deutsche Bank Aktiengesellschaft

International Consolidated Airlines Group (LON:IAG) had its target price lifted by Deutsche Bank Aktiengesellschaft from GBX 200 ($2.47) to GBX 215 ($2.66) in a research note released on Tuesday, MarketBeat reports. They currently have a hold rating on the stock.

Several other research firms have also recently issued reports on IAG. Bank of America reiterated a buy rating and set a GBX 230 ($2.84) target price on shares of International Consolidated Airlines Group in a research report on Friday, March 1st. Royal Bank of Canada boosted their target price on International Consolidated Airlines Group from GBX 200 ($2.47) to GBX 220 ($2.72) and gave the stock an outperform rating in a research report on Thursday, March 21st.

International Consolidated Airlines Group Stock Performance

LON IAG opened at GBX 176.30 ($2.18) on Tuesday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 490.60. The business’s 50 day moving average is GBX 162.21 and its two-hundred day moving average is GBX 154.86. International Consolidated Airlines Group has a 12-month low of GBX 137 ($1.69) and a 12-month high of GBX 182 ($2.25). The stock has a market capitalization of £8.67 billion, a price-to-earnings ratio of 410.00, a PEG ratio of 0.21 and a beta of 2.33.

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.