International Consolidated Airlines Group S.A. (LON:IAG) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of International Consolidated Airlines Group S.A. (LON:IAG) have been assigned an average rating of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 455.

A number of equities analysts have recently commented on IAG shares. Citigroup raised their price target on International Consolidated Airlines Group from GBX 620 to GBX 630 and gave the stock a “buy” rating in a report on Monday, November 10th. Peel Hunt reaffirmed a “buy” rating and set a GBX 450 target price on shares of International Consolidated Airlines Group in a report on Friday, November 7th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 500 price target on shares of International Consolidated Airlines Group in a research report on Monday, November 10th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of International Consolidated Airlines Group from GBX 475 to GBX 500 and gave the company a “buy” rating in a research report on Monday, November 17th.

International Consolidated Airlines Group Stock Down 0.6%

IAG opened at GBX 412.51 on Monday. International Consolidated Airlines Group has a 12 month low of GBX 210 and a 12 month high of GBX 438.60. The company has a market cap of £18.83 billion, a PE ratio of 6.40, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 338.12. The company has a 50 day moving average of GBX 406.19 and a 200 day moving average of GBX 395.20.

International Consolidated Airlines Group Company Profile

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.