International Consolidated Airlines Group, S.A. (LON:IAG) Given Average Rating of “Buy” by Brokerages

Shares of International Consolidated Airlines Group, S.A. (LON:IAGGet Rating) have earned a consensus rating of “Buy” from the fifteen ratings firms that are currently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 188.08 ($2.45).

IAG has been the subject of several recent analyst reports. Peel Hunt reaffirmed a “hold” rating and set a GBX 184 ($2.40) price objective on shares of International Consolidated Airlines Group in a research report on Friday, February 11th. Deutsche Bank Rese… set a GBX 155 ($2.02) price objective on shares of International Consolidated Airlines Group in a research report on Thursday, March 24th. Sanford C. Bernstein set a GBX 170 ($2.22) price objective on shares of International Consolidated Airlines Group in a research report on Friday, February 25th. Credit Suisse Group set a GBX 224 ($2.92) price objective on shares of International Consolidated Airlines Group in a research report on Thursday, February 3rd. Finally, Citigroup reaffirmed a “buy” rating on shares of International Consolidated Airlines Group in a research report on Tuesday, January 4th.

International Consolidated Airlines Group stock opened at GBX 145.48 ($1.90) on Friday. The stock has a market cap of £7.22 billion and a P/E ratio of -2.96. The company has a fifty day simple moving average of GBX 145.81 and a 200-day simple moving average of GBX 153.29. International Consolidated Airlines Group has a 12-month low of GBX 109.42 ($1.43) and a 12-month high of GBX 214.40 ($2.79). The company has a current ratio of 0.80, a quick ratio of 0.67 and a debt-to-equity ratio of 2,317.97.

About International Consolidated Airlines Group (Get Rating)

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, Aer Lingus, and LEVEL brands.

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

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