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 increased by Barclays from GBX 375 ($4.83) to GBX 420 ($5.41) in a report issued on Monday, Marketbeat reports. Barclays currently has an overweight rating on the stock.

Several other research firms also recently commented on IAG. Deutsche Bank Aktiengesellschaft raised shares of International Consolidated Airlines Group to a "buy" rating and boosted their target price for the stock from GBX 215 ($2.77) to GBX 400 ($5.15) in a research report on Wednesday, December 11th. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of International Consolidated Airlines Group in a report on Monday. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of GBX 362.50 ($4.67).

International Consolidated Airlines Group Price Performance

Shares of LON:IAG traded down GBX 5.60 ($0.07) during trading hours on Monday, hitting GBX 318.40 ($4.10). 28,193,400 shares of the company's stock traded hands, compared to its average volume of 24,726,182. The company's fifty day simple moving average is GBX 326.88 and its two-hundred day simple moving average is GBX 258.14. The company has a debt-to-equity ratio of 338.12, a quick ratio of 0.63 and a current ratio of 0.70. 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). The company has a market cap of £18.81 billion, a price-to-earnings ratio of 6.72, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31.

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.