International Consolidated Airlns Grp (LON:IAG)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank in a research report issued to clients and investors on Friday, ThisIsMoney.Co.Uk reports.
IAG has been the subject of several other reports. Liberum Capital lowered their target price on shares of Premier Asset Management Group from GBX 230 ($3.01) to GBX 226 ($2.95) and set a “buy” rating for the company in a research note on Monday, July 8th. Credit Suisse Group lowered their target price on shares of Marathon Petroleum from $95.00 to $80.00 and set an “outperform” rating for the company in a research note on Monday, May 13th. UBS Group reaffirmed a “buy” rating and issued a GBX 285 ($3.72) target price on shares of in a research note on Friday, June 21st. Barclays cut shares of Buckeye Partners from an “overweight” rating to an “equal weight” rating in a research note on Monday, May 13th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating on shares of in a research note on Friday, June 21st. Two analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the stock. International Consolidated Airlns Grp currently has a consensus rating of “Hold” and an average target price of GBX 654.62 ($8.55).
IAG stock opened at GBX 456 ($5.96) on Friday. The stock has a market cap of $9.05 billion and a PE ratio of 2.85. The company has a debt-to-equity ratio of 111.74, a current ratio of 0.91 and a quick ratio of 0.78. International Consolidated Airlns Grp has a one year low of GBX 431.80 ($5.64) and a one year high of GBX 718.40 ($9.39). The stock has a 50 day moving average price of GBX 460.63.
About International Consolidated Airlns Grp
International Consolidated Airlines Group, SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, Ireland, the United States, and rest of the world. The company operates under the British Airways, Iberia, Vueling, LEVEL, and Aer Lingus brands.
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