International Consolidated Airlines Group (LON:IAG) Price Target Increased to GBX 215 by Analysts at Deutsche Bank Aktiengesellschaft

Posted by Linda Flegge on Apr 25th, 2024

International Consolidated Airlines Group (LON:IAG – Get Free Report) had its price objective lifted by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 200 ($2.47) to GBX 215 ($2.66) in a research note issued to investors on Tuesday, Marketbeat reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 21.50% from the stock’s previous close.

IAG has been the topic of a number of other research reports. Royal Bank of Canada raised their price target on International Consolidated Airlines Group from GBX 200 ($2.47) to GBX 220 ($2.72) and gave the company an “outperform” rating in a research report on Thursday, March 21st. Bank of America restated a “buy” rating and set a GBX 230 ($2.84) price target on shares of International Consolidated Airlines Group in a research report on Friday, March 1st.

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International Consolidated Airlines Group Trading Up 0.6 %

Shares of IAG stock opened at GBX 176.95 ($2.19) on Tuesday. The business’s fifty day moving average is GBX 161 and its 200 day moving average is GBX 154.50. International Consolidated Airlines Group has a 52-week low of GBX 137 ($1.69) and a 52-week high of GBX 182 ($2.25). The company has a debt-to-equity ratio of 490.60, a quick ratio of 0.63 and a current ratio of 0.63. The company has a market capitalization of £8.71 billion, a PE ratio of 411.51, a price-to-earnings-growth ratio of 0.21 and a beta of 2.33.

International Consolidated Airlines Group Company Profile

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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.