International Consolidated Airlines Group (LON:IAG) Price Target Lowered to GBX 215 at Barclays

International Consolidated Airlines Group (LON:IAG) had its target price lowered by Barclays from GBX 230 ($3.00) to GBX 215 ($2.81) in a research report released on Wednesday morning, Price Targets.com reports. The firm currently has an overweight rating on the stock.

IAG has been the topic of several other reports. The Goldman Sachs Group set a GBX 204 ($2.67) price objective on International Consolidated Airlines Group in a research report on Friday, July 30th. Sanford C. Bernstein set a GBX 250 ($3.27) target price on International Consolidated Airlines Group in a report on Tuesday, October 5th. Liberum Capital upgraded International Consolidated Airlines Group to a buy rating and set a GBX 215 ($2.81) target price for the company in a report on Wednesday, August 11th. Credit Suisse Group set a GBX 195 ($2.55) target price on International Consolidated Airlines Group in a report on Monday, September 20th. Finally, UBS Group set a GBX 245 ($3.20) target price on International Consolidated Airlines Group in a report on Monday. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of Buy and an average target price of GBX 224 ($2.93).

Shares of International Consolidated Airlines Group stock opened at GBX 173.42 ($2.27) on Wednesday. The company has a current ratio of 0.86, a quick ratio of 0.73 and a debt-to-equity ratio of 2,163.13. The firm has a market capitalization of £8.60 billion and a PE ratio of -1.78. The business’s 50-day moving average price is GBX 166.12 and its 200-day moving average price is GBX 183.88. International Consolidated Airlines Group has a 12 month low of GBX 88.69 ($1.16) and a 12 month high of GBX 222.10 ($2.90).

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, Ireland, the United States, and rest of the world. The company operates under the British Airways, Iberia, Vueling, Aer Lingus, and LEVEL brands.

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Analyst Recommendations for International Consolidated Airlines Group (LON:IAG)

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