International Consolidated Airlines Group (LON:IAG) Stock Price Crosses Above Two Hundred Day Moving Average of $153.67

International Consolidated Airlines Group S.A. (LON:IAG)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 153.67 ($1.91) and traded as high as GBX 159.45 ($1.98). International Consolidated Airlines Group shares last traded at GBX 157.80 ($1.96), with a volume of 13,114,681 shares changing hands.

Analysts Set New Price Targets

Several research analysts recently issued reports on IAG shares. Royal Bank of Canada upped their target price on shares of International Consolidated Airlines Group from GBX 200 ($2.49) to GBX 220 ($2.74) and gave the stock an “outperform” rating in a research report on Thursday, March 21st. Bank of America reissued a “buy” rating and set a GBX 230 ($2.86) price objective on shares of International Consolidated Airlines Group in a report on Friday, March 1st.

International Consolidated Airlines Group Price Performance

The company has a debt-to-equity ratio of 490.60, a current ratio of 0.63 and a quick ratio of 0.63. The business has a 50 day moving average of GBX 157.79 and a 200 day moving average of GBX 153.67. The company has a market cap of £7.76 billion, a PE ratio of 366.98, a price-to-earnings-growth ratio of 0.21 and a beta of 2.33.

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.