International Consolidated Airlines Group (LON:IAG) Price Target Raised to GBX 420 at Barclays

International Consolidated Airlines Group (LON:IAG) had its price objective upped by Barclays from GBX 375 ($4.77) to GBX 420 ($5.34) in a report published on Monday, MarketBeat.com reports. They currently have an overweight rating on the stock.

Other analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft upgraded shares of International Consolidated Airlines Group to a “buy” rating and lifted their price objective for the stock from GBX 215 ($2.73) to GBX 400 ($5.08) in a research note on Wednesday, December 11th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of International Consolidated Airlines Group in a research report on Monday. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 362.50 ($4.61).

International Consolidated Airlines Group Stock Down 1.9 %

IAG stock opened at GBX 347.10 ($4.41) on Monday. International Consolidated Airlines Group has a fifty-two week low of GBX 141.40 ($1.80) and a fifty-two week high of GBX 368.06 ($4.68). 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 stock has a market capitalization of £20.51 billion, a price-to-earnings ratio of 7.33, a PEG ratio of 0.21 and a beta of 2.31. The business’s fifty day moving average price is GBX 325.54 and its two-hundred day moving average price is GBX 256.11.

About International Consolidated Airlines Group

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.