International Consolidated Airlines Group (LON:IAG) Reaches New 1-Year High at $184.55

International Consolidated Airlines Group S.A. (LON:IAG) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 184.55 ($2.32) and last traded at GBX 183.60 ($2.31), with a volume of 181230594 shares changing hands. The stock had previously closed at GBX 179.43 ($2.25).

Analyst Upgrades and Downgrades

IAG has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft boosted their price target on International Consolidated Airlines Group from GBX 200 ($2.51) to GBX 215 ($2.70) and gave the company a “hold” rating in a research note on Tuesday, April 23rd. Bank of America reissued a “buy” rating and issued a GBX 230 ($2.89) price target on shares of International Consolidated Airlines Group in a research note on Friday, March 1st. Finally, Royal Bank of Canada boosted their price target on International Consolidated Airlines Group from GBX 200 ($2.51) to GBX 220 ($2.76) and gave the company an “outperform” rating in a research note on Thursday, March 21st.

International Consolidated Airlines Group Trading Up 2.2 %

The company has a fifty day moving average of GBX 165.30 and a two-hundred day moving average of GBX 156.30. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 490.60. The stock has a market capitalization of £9.02 billion, a price-to-earnings ratio of 428.12, 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.