International Consolidated Airlines Group (LON:IAG – Get Free Report)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Monday, Digital Look reports. They presently have a GBX 645 price objective on the stock. Deutsche Bank Aktiengesellschaft‘s target price would suggest a potential upside of 44.46% from the stock’s current price.
A number of other analysts have also recently weighed in on the stock. Citigroup reduced their price objective on shares of International Consolidated Airlines Group from GBX 610 to GBX 600 and set a “buy” rating for the company in a research note on Monday, August 3rd. Royal Bank Of Canada raised 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 research note on Friday, August 21st. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 525.
View Our Latest Research Report on IAG
International Consolidated Airlines Group Stock Up 3.0%
Shares of International Consolidated Airlines Group stock opened at GBX 446.50 on Monday. International Consolidated Airlines Group has a 12-month low of GBX 332.70 and a 12-month high of GBX 492.90. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 160.78. The stock has a 50 day moving average price of GBX 423.06 and a two-hundred day moving average price of GBX 417.37. The stock has a market capitalization of £19.37 billion, a P/E ratio of 6.95, a PEG ratio of 0.21 and a beta of 1.32.
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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