International Consolidated Airlines Group (LON:IAG) Price Target Raised to GBX 220

International Consolidated Airlines Group (LON:IAGGet Rating) had its price target hoisted by Liberum Capital from GBX 145 ($1.80) to GBX 220 ($2.72) in a research note released on Tuesday morning, MarketBeat reports. The firm currently has a buy rating on the stock.

Several other research analysts have also issued reports on the stock. The Goldman Sachs Group set a GBX 150 ($1.86) price target on shares of International Consolidated Airlines Group in a research report on Wednesday, January 4th. UBS Group set a GBX 180 ($2.23) price objective on shares of International Consolidated Airlines Group in a report on Friday, January 13th. Sanford C. Bernstein set a GBX 180 ($2.23) target price on shares of International Consolidated Airlines Group in a research note on Thursday, November 3rd. Finally, Deutsche Bank Aktiengesellschaft set a GBX 180 ($2.23) target price on shares of International Consolidated Airlines Group in a research note on Tuesday. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of Hold and a consensus price target of GBX 173.91 ($2.15).

International Consolidated Airlines Group Stock Up 2.4 %

IAG stock opened at GBX 166.32 ($2.06) on Tuesday. The company has a debt-to-equity ratio of 1,123.62, a current ratio of 0.83 and a quick ratio of 0.63. The company has a 50-day moving average of GBX 137.64 and a two-hundred day moving average of GBX 121.62. International Consolidated Airlines Group has a 52-week low of GBX 1.85 ($0.02) and a 52-week high of GBX 180.10 ($2.23). The stock has a market capitalization of £8.24 billion and a price-to-earnings ratio of -3.63.

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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