International Consolidated Airlines Group S.A. (LON:IAG) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of International Consolidated Airlines Group S.A. (LON:IAG) have received an average rating of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is GBX 455.

A number of equities analysts recently commented on IAG shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 500 price target on shares of International Consolidated Airlines Group in a research note on Monday, November 10th. Deutsche Bank Aktiengesellschaft boosted their price target on International Consolidated Airlines Group from GBX 475 to GBX 500 and gave the company a “buy” rating in a report on Monday, November 17th. Citigroup raised their price objective on International Consolidated Airlines Group from GBX 620 to GBX 630 and gave the stock a “buy” rating in a research note on Monday, November 10th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 450 target price on shares of International Consolidated Airlines Group in a research note on Friday, November 7th.

International Consolidated Airlines Group Trading Up 1.2%

IAG opened at GBX 423.30 on Monday. The firm’s 50 day moving average is GBX 409.90 and its 200-day moving average is GBX 396.71. International Consolidated Airlines Group has a 52-week low of GBX 210 and a 52-week high of GBX 438.60. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 338.12. The firm has a market capitalization of £19.32 billion, a P/E ratio of 6.57, a P/E/G ratio of 0.21 and a beta of 2.31.

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.