Deutsche Bank Aktiengesellschaft Increases International Consolidated Airlines Group (LON:IAG) Price Target to GBX 215

International Consolidated Airlines Group (LON:IAG) had its price target hoisted by Deutsche Bank Aktiengesellschaft from GBX 200 ($2.47) to GBX 215 ($2.66) in a research note published on Tuesday, Marketbeat Ratings reports. They currently have a hold rating on the stock.

Other research analysts have also issued research reports about the company. Royal Bank of Canada lifted their target price on International Consolidated Airlines Group from GBX 200 ($2.47) to GBX 220 ($2.72) and gave the stock an outperform rating in a research report on Thursday, March 21st. Bank of America reiterated a buy rating and issued a GBX 230 ($2.84) target price on shares of International Consolidated Airlines Group in a research report on Friday, March 1st.

International Consolidated Airlines Group Price Performance

Shares of IAG opened at GBX 177.83 ($2.20) on Tuesday. The firm has a market cap of £8.75 billion, a price-to-earnings ratio of 409.19, a PEG ratio of 0.21 and a beta of 2.33. The stock has a 50 day moving average of GBX 160.34 and a 200-day moving average of GBX 154.34. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 490.60. International Consolidated Airlines Group has a 52 week low of GBX 137 ($1.69) and a 52 week high of GBX 182 ($2.25).

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.