International Consolidated Airlines Group S.A. (LON:IAG) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of International Consolidated Airlines Group S.A. (LON:IAG) have earned a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 403.33.

Several brokerages have recently issued reports on IAG. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 460 target price on shares of International Consolidated Airlines Group in a research report on Monday, August 4th. Peel Hunt reaffirmed a “buy” rating and set a GBX 420 price objective on shares of International Consolidated Airlines Group in a research report on Friday, August 1st. Finally, Royal Bank Of Canada raised their price objective on International Consolidated Airlines Group from GBX 440 to GBX 500 and gave the company an “outperform” rating in a research report on Thursday, August 7th.

International Consolidated Airlines Group Stock Performance

Shares of LON:IAG opened at GBX 381.70 on Tuesday. The company has a 50-day moving average price of GBX 383.23 and a 200-day moving average price of GBX 330.82. The company has a market cap of £17.66 billion, a price-to-earnings ratio of 590.87, 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. International Consolidated Airlines Group has a 12 month low of GBX 187 and a 12 month high of GBX 398.70.

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.