International Consolidated Airlines Group (LON:IAG) Hits New 1-Year High - What's Next?

International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 348.70 ($4.33) and last traded at GBX 347.10 ($4.31), with a volume of 28061061 shares changing hands. The stock had previously closed at GBX 340.60 ($4.22).

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft raised International Consolidated Airlines Group to a "buy" rating and upped their price target for the company from GBX 215 ($2.67) to GBX 400 ($4.96) in a report on Wednesday, December 11th. JPMorgan Chase & Co. reissued a "buy" rating on shares of International Consolidated Airlines Group in a report on Wednesday, December 4th.

International Consolidated Airlines Group Trading Up 0.8 %

The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 337.70. The stock has a 50 day simple moving average of GBX 308.91 and a 200-day simple moving average of GBX 235.78. The firm has a market cap of £17.95 billion, a P/E ratio of 872.14, a P/E/G ratio of 0.21 and a beta of 2.31.

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.