International Consolidated Airlns Grp SA (IAG) Receives Consensus Recommendation of “Buy” from Analysts
International Consolidated Airlns Grp SA (LON:IAG) has earned a consensus rating of “Buy” from the fifteen ratings firms that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 689.87 ($9.01).
Several research analysts have recently issued reports on the company. Credit Suisse Group reissued an “outperform” rating on shares of International Consolidated Airlns Grp in a research note on Wednesday, December 12th. Liberum Capital reissued a “buy” rating and issued a GBX 875 ($11.43) price target on shares of International Consolidated Airlns Grp in a research note on Thursday, February 28th. Barclays decreased their price target on International Consolidated Airlns Grp from GBX 780 ($10.19) to GBX 700 ($9.15) and set an “overweight” rating for the company in a research note on Thursday, January 17th. HSBC decreased their price target on International Consolidated Airlns Grp from GBX 550 ($7.19) to GBX 525 ($6.86) and set a “reduce” rating for the company in a research note on Wednesday, January 30th. Finally, Deutsche Bank increased their price target on International Consolidated Airlns Grp from GBX 770 ($10.06) to GBX 800 ($10.45) and gave the stock a “buy” rating in a research note on Tuesday, January 15th.
LON IAG traded down GBX 0.20 ($0.00) during trading hours on Wednesday, hitting GBX 515 ($6.73). The company had a trading volume of 4,413,324 shares, compared to its average volume of 6,660,000. International Consolidated Airlns Grp has a fifty-two week low of GBX 499 ($6.52) and a fifty-two week high of GBX 727 ($9.50). The company has a debt-to-equity ratio of 111.74, a current ratio of 0.91 and a quick ratio of 0.78. The firm has a market capitalization of $10.23 billion and a PE ratio of 3.22.
About International Consolidated Airlns Grp
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, LEVEL, IAG Cargo, Avios, and Aer Lingus brands.
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