Royal Bank Of Canada Lowers International Consolidated Airlines Group (LON:IAG) Price Target to GBX 465

International Consolidated Airlines Group (LON:IAG) had its target price dropped by analysts at Royal Bank Of Canada from GBX 480 to GBX 465 in a research note issued to investors on Monday,London Stock Exchange reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 13.11% from the stock’s current price.

A number of other research analysts also recently weighed in on the company. Citigroup cut their price target on International Consolidated Airlines Group from GBX 610 to GBX 600 and set a “buy” rating on the stock in a research note on Monday, April 20th. UBS Group reissued a “sell” rating and issued a GBX 355 price target on shares of International Consolidated Airlines Group in a research note on Tuesday, May 5th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 474.

International Consolidated Airlines Group Stock Up 6.8%

LON:IAG opened at GBX 411.10 on Monday. The stock’s fifty day moving average price is GBX 377.12 and its two-hundred day moving average price is GBX 399.34. International Consolidated Airlines Group has a 52-week low of GBX 297.20 and a 52-week high of GBX 464.28. The company has a debt-to-equity ratio of 261.79, a quick ratio of 0.63 and a current ratio of 0.70. The company has a market cap of £18.42 billion, a price-to-earnings ratio of 5.92, a P/E/G ratio of 0.21 and a beta of 1.33.

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.