International Consolidated Airlines Group (LON:IAG) Price Target Raised to GBX 620

International Consolidated Airlines Group (LON:IAG) had its price target lifted by Citigroup from GBX 390 to GBX 620 in a research report sent to investors on Thursday, Marketbeat reports. They currently have a buy rating on the stock.

A number of other research firms have also recently weighed in on IAG. Peel Hunt reissued a “buy” rating and issued a GBX 420 price target on shares of International Consolidated Airlines Group in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 460 target price on shares of International Consolidated Airlines Group in a report on Monday, August 4th. Finally, Royal Bank Of Canada lifted their price target on shares of International Consolidated Airlines Group from GBX 440 to GBX 500 and gave the stock an “outperform” rating in a report on Thursday, August 7th. Six analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, International Consolidated Airlines Group has a consensus rating of “Moderate Buy” and an average target price of GBX 441.67.

International Consolidated Airlines Group Stock Up 1.6%

IAG stock opened at GBX 410 on Thursday. The company has a debt-to-equity ratio of 338.12, a current ratio of 0.70 and a quick ratio of 0.63. The company’s 50 day simple moving average is GBX 391.46 and its 200-day simple moving average is GBX 348.03. International Consolidated Airlines Group has a 12 month low of GBX 207.20 and a 12 month high of GBX 416. The firm has a market capitalization of £18.89 billion, a PE ratio of 6.35, a P/E/G 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.