International Consolidated Airlines Group (LON:IAG) Hits New 52-Week High - Time to Buy?

International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 298.60 ($3.79) and last traded at GBX 296.40 ($3.76), with a volume of 16156092 shares. The stock had previously closed at GBX 293.20 ($3.72).

Analysts Set New Price Targets

IAG has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reaffirmed a "buy" rating on shares of International Consolidated Airlines Group in a report on Wednesday, December 4th. Deutsche Bank Aktiengesellschaft raised shares of International Consolidated Airlines Group to a "buy" rating and raised their price target for the stock from GBX 215 ($2.73) to GBX 400 ($5.07) in a research report on Wednesday, December 11th.

International Consolidated Airlines Group Stock Performance

The company has a fifty day moving average price of GBX 232.47 and a 200 day moving average price of GBX 196.38. The company has a debt-to-equity ratio of 337.70, a current ratio of 0.70 and a quick ratio of 0.63. The stock has a market cap of £14.57 billion, a P/E ratio of 711.73, a P/E/G 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.