International Consolidated Airlines Group’s (IAG) “Outperform” Rating Reaffirmed at Royal Bank Of Canada

International Consolidated Airlines Group (LON:IAG)‘s stock had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada in a research report issued on Monday, MarketBeat reports. They presently have a GBX 500 price objective on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 32.52% from the company’s previous close.

Several other research analysts also recently commented on IAG. Peel Hunt restated a “buy” rating and set a GBX 450 price objective on shares of International Consolidated Airlines Group in a research report on Friday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 460 price target on shares of International Consolidated Airlines Group in a research note on Monday, August 4th. Finally, Citigroup upped their price objective on International Consolidated Airlines Group from GBX 390 to GBX 620 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Six investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, International Consolidated Airlines Group currently has an average rating of “Moderate Buy” and an average price target of GBX 448.33.

International Consolidated Airlines Group Price Performance

Shares of LON:IAG opened at GBX 377.29 on Monday. The firm has a 50 day moving average of GBX 396.23 and a 200-day moving average of GBX 361.29. International Consolidated Airlines Group has a 12 month low of GBX 210 and a 12 month high of GBX 429.30. 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 stock has a market capitalization of £17.31 billion, a PE ratio of 5.84, a PEG ratio of 0.21 and a beta of 2.31.

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.