International Consolidated Airlines Group (LON:IAG) Given New GBX 420 Price Target at Barclays

International Consolidated Airlines Group (LON:IAG - Free Report) had its target price raised by Barclays from GBX 375 ($4.77) to GBX 420 ($5.34) in a report issued on Monday morning, MarketBeat Ratings reports. Barclays currently has an overweight rating on the stock.

Several other analysts have also issued reports on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of International Consolidated Airlines Group to a "buy" rating and boosted their target price for the company from GBX 215 ($2.73) to GBX 400 ($5.08) in a research report on Wednesday, December 11th. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of International Consolidated Airlines Group in a research report on Monday. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, International Consolidated Airlines Group currently has a consensus rating of "Buy" and an average target price of GBX 362.50 ($4.61).

International Consolidated Airlines Group Stock Performance

LON:IAG traded down GBX 6.90 ($0.09) on Monday, hitting GBX 347.10 ($4.41). The stock had a trading volume of 27,028,434 shares, compared to its average volume of 24,422,139. The business's 50-day simple moving average is GBX 325.54 and its two-hundred day simple moving average is GBX 256.11. The stock has a market cap of £20.51 billion, a price-to-earnings ratio of 7.33, 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 141.40 ($1.80) and a 52-week high of GBX 368.06 ($4.68). The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 338.12.

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.