International Consolidated Airlines Group S.A. (LON:IAG) Receives Consensus Rating of “Moderate Buy” from Brokerages

International Consolidated Airlines Group S.A. (LON:IAG) has earned an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 455.

IAG has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft upped their price objective on shares of International Consolidated Airlines Group from GBX 475 to GBX 500 and gave the stock a “buy” rating in a research report on Monday, November 17th. Citigroup increased their price target on shares of International Consolidated Airlines Group from GBX 620 to GBX 630 and gave the stock a “buy” rating in a report on Monday, November 10th. Peel Hunt restated a “buy” rating and set a GBX 450 price objective on shares of International Consolidated Airlines Group in a research report on Friday, November 7th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 500 target price on shares of International Consolidated Airlines Group in a research report on Monday, November 10th.

International Consolidated Airlines Group Price Performance

Shares of LON IAG opened at GBX 412.51 on Monday. The stock’s 50-day simple moving average is GBX 406.19 and its two-hundred day simple moving average is GBX 395.20. International Consolidated Airlines Group has a twelve month low of GBX 210 and a twelve month high of GBX 438.60. The firm has a market capitalization of £18.83 billion, a P/E ratio of 6.40, a P/E/G ratio of 0.21 and a beta of 2.31. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 338.12.

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.