International Consolidated Airlines Group S.A. (LON:IAG) Receives GBX 348.33 Consensus Target Price from Analysts

International Consolidated Airlines Group S.A. (LON:IAGGet Free Report) has earned a consensus rating of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 348.33 ($4.68).

IAG has been the subject of a number of analyst reports. Citigroup reissued a “buy” rating and set a GBX 390 ($5.24) price objective on shares of International Consolidated Airlines Group in a research report on Monday, March 31st. Barclays downgraded International Consolidated Airlines Group to an “underweight” rating and lowered their price objective for the stock from GBX 420 ($5.64) to GBX 250 ($3.36) in a research report on Wednesday, March 12th. Jefferies Financial Group boosted their price objective on International Consolidated Airlines Group from GBX 350 ($4.70) to GBX 400 ($5.37) and gave the stock a “buy” rating in a research report on Monday, March 3rd. Peel Hunt restated a “buy” rating and set a GBX 420 ($5.64) target price on shares of International Consolidated Airlines Group in a research note on Tuesday, April 29th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of International Consolidated Airlines Group in a research note on Monday, March 3rd.

View Our Latest Report on International Consolidated Airlines Group

International Consolidated Airlines Group Stock Performance

Shares of International Consolidated Airlines Group stock opened at GBX 313 ($4.20) on Friday. International Consolidated Airlines Group has a one year low of GBX 158.95 ($2.13) and a one year high of GBX 368.06 ($4.94). The company has a market cap of £18.49 billion, a PE ratio of 6.61, a P/E/G ratio of 0.21 and a beta of 2.31. The company has a debt-to-equity ratio of 338.12, a quick ratio of 0.63 and a current ratio of 0.70. The business has a 50-day simple moving average of GBX 295.34 and a 200-day simple moving average of GBX 302.26.

International Consolidated Airlines Group Company Profile

(Get Free Report

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.

Read More

Analyst Recommendations for International Consolidated Airlines Group (LON:IAG)

Receive News & Ratings for International Consolidated Airlines Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Consolidated Airlines Group and related companies with MarketBeat.com's FREE daily email newsletter.