International Consolidated Airlines Group (LON:IAG) Given “Overweight” Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their overweight rating on shares of International Consolidated Airlines Group (LON:IAG) in a research report sent to investors on Monday, Marketbeat reports.

Separately, Deutsche Bank Aktiengesellschaft upgraded International Consolidated Airlines Group to a “buy” rating and increased their price target for the stock from GBX 215 ($2.73) to GBX 400 ($5.08) in a research report on Wednesday, December 11th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, International Consolidated Airlines Group presently has an average rating of “Buy” and a consensus target price of GBX 362.50 ($4.61).

International Consolidated Airlines Group Price Performance

Shares of International Consolidated Airlines Group stock opened at GBX 347.10 ($4.41) on Monday. International Consolidated Airlines Group has a twelve month low of GBX 141.40 ($1.80) and a twelve month high of GBX 368.06 ($4.68). The company has a debt-to-equity ratio of 338.12, a quick ratio of 0.63 and a current ratio of 0.70. The firm has a market cap of £20.51 billion, a P/E ratio of 7.33, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31. The firm’s 50-day simple moving average is GBX 325.54 and its 200-day simple moving average 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.