International Consolidated Airlines Group (LON:IAG) Price Target Cut to GBX 600 by Analysts at Citigroup

International Consolidated Airlines Group (LON:IAG) had its target price cut by Citigroup from GBX 610 to GBX 600 in a research report released on Monday,Digital Look reports. They currently have a buy rating on the stock.

International Consolidated Airlines Group Trading Down 2.2%

Shares of IAG stock opened at GBX 401.20 on Monday. International Consolidated Airlines Group has a 1-year low of GBX 246.50 and a 1-year high of GBX 464.28. The firm has a market cap of £18.13 billion, a PE ratio of 5.77, a price-to-earnings-growth ratio of 0.21 and a beta of 1.35. The company has a 50-day moving average of GBX 389.65 and a two-hundred day moving average of GBX 401. The company has a debt-to-equity ratio of 261.79, a current ratio of 0.70 and a quick ratio of 0.63.

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.