International Consolidated Airlines Group (LON:IAG) Price Target Increased to GBX 215 by Analysts at Deutsche Bank Aktiengesellschaft

International Consolidated Airlines Group (LON:IAG) had its target price raised by Deutsche Bank Aktiengesellschaft from GBX 200 ($2.47) to GBX 215 ($2.66) in a research report released on Tuesday, Marketbeat reports. The firm currently has a hold rating on the stock.

A number of other equities research analysts have also recently issued reports on IAG. Bank of America reiterated a buy rating and issued a GBX 230 ($2.84) price objective on shares of International Consolidated Airlines Group in a report on Friday, March 1st. Royal Bank of Canada upped their price objective on shares of International Consolidated Airlines Group from GBX 200 ($2.47) to GBX 220 ($2.72) and gave the stock an outperform rating in a report on Thursday, March 21st.

International Consolidated Airlines Group Trading Up 0.1 %

Shares of LON:IAG opened at GBX 176.30 ($2.18) on Tuesday. The stock has a market capitalization of £8.67 billion, a PE ratio of 410.00, a P/E/G ratio of 0.21 and a beta of 2.33. International Consolidated Airlines Group has a 1 year low of GBX 137 ($1.69) and a 1 year high of GBX 182 ($2.25). The firm has a fifty day moving average price of GBX 162.21 and a 200 day moving average price of GBX 154.86. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 490.60.

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.