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

International Consolidated Airlines Group S.A. (LON:IAG) has received an average rating of “Moderate Buy” from the seven brokerages that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 448.33.

A number of equities research analysts have recently commented on the stock. Citigroup raised their price objective on shares of International Consolidated Airlines Group from GBX 620 to GBX 630 and gave the stock a “buy” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 460 price target on shares of International Consolidated Airlines Group in a research report on Monday, August 4th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 500 price objective on shares of International Consolidated Airlines Group in a research report on Monday. Finally, Peel Hunt reissued a “buy” rating and set a GBX 450 target price on shares of International Consolidated Airlines Group in a research note on Friday, November 7th.

International Consolidated Airlines Group Stock Up 0.9%

Shares of IAG stock opened at GBX 386.11 on Wednesday. International Consolidated Airlines Group has a twelve month low of GBX 210 and a twelve month high of GBX 429.30. The stock has a market cap of £17.72 billion, a P/E ratio of 5.98, a P/E/G ratio of 0.21 and a beta of 2.31. The stock has a 50 day moving average of GBX 395.98 and a 200 day moving average of GBX 362.95. 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 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.