Barclays Boosts International Consolidated Airlines Group (LON:IAG) Price Target to GBX 420

International Consolidated Airlines Group (LON:IAG - Free Report) had its target price increased by Barclays from GBX 375 ($4.83) to GBX 420 ($5.41) in a research report released on Monday morning, Marketbeat Ratings reports. The firm currently has an overweight rating on the stock.

Other research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of International Consolidated Airlines Group in a research note on Monday. Deutsche Bank Aktiengesellschaft upgraded International Consolidated Airlines Group to a "buy" rating and upped their price objective for the company from GBX 215 ($2.77) to GBX 400 ($5.16) in a research note on Wednesday, December 11th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of GBX 362.50 ($4.67).

International Consolidated Airlines Group Stock Performance

Shares of LON IAG traded down GBX 2.07 ($0.03) during mid-day trading on Monday, reaching GBX 325.23 ($4.19). 28,547,875 shares of the company's stock were exchanged, compared to its average volume of 24,665,088. The firm has a 50-day moving average price of GBX 326.41 and a two-hundred day moving average price of GBX 257.68. The company has a debt-to-equity ratio of 338.12, a current ratio of 0.70 and a quick ratio of 0.63. The firm has a market capitalization of £19.22 billion, a price-to-earnings ratio of 6.87, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31. International Consolidated Airlines Group has a 52 week low of GBX 148.75 ($1.92) and a 52 week high of GBX 368.06 ($4.74).

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.