International Consolidated Airlines Group S.A. (LON:IAG) Given Average Rating of “Moderate Buy” by Brokerages

International Consolidated Airlines Group S.A. (LON:IAG) has been given a consensus recommendation of “Moderate Buy” by the six analysts that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 372 ($5.00).

Several equities research analysts recently commented on IAG shares. Peel Hunt reissued a “buy” rating and issued a GBX 420 ($5.65) price target on shares of International Consolidated Airlines Group in a research note on Tuesday, April 29th. Barclays cut International Consolidated Airlines Group to an “underweight” rating and lowered their price target for the company from GBX 420 ($5.65) to GBX 250 ($3.36) in a research note on Wednesday, March 12th. Jefferies Financial Group boosted their price target on International Consolidated Airlines Group from GBX 350 ($4.71) to GBX 400 ($5.38) and gave the company a “buy” rating in a research note on Monday, March 3rd. Citigroup restated a “buy” rating and issued a GBX 390 ($5.24) target price on shares of International Consolidated Airlines Group in a report on Monday, March 31st. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of International Consolidated Airlines Group in a report on Monday, March 3rd.

International Consolidated Airlines Group Trading Up 1.1%

Shares of LON IAG opened at GBX 313.10 ($4.21) on Friday. The stock has a market cap of £18.50 billion, a price-to-earnings ratio of 6.61, a PEG ratio of 0.21 and a beta of 2.31. The business has a 50 day simple moving average of GBX 299.71 and a 200 day simple moving average of GBX 303.06. International Consolidated Airlines Group has a 52 week low of GBX 158.95 ($2.14) and a 52 week high of GBX 368.06 ($4.95). The company has a debt-to-equity ratio of 338.12, a quick ratio of 0.63 and a current ratio of 0.70.

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.