International Consolidated Airlines Group (LON:IAG) Shares Cross Above Two Hundred Day Moving Average - Time to Sell?

International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 270.19 ($3.49) and traded as high as GBX 344 ($4.45). International Consolidated Airlines Group shares last traded at GBX 296.30 ($3.83), with a volume of 2,147,000,000 shares changing hands.

Analyst Upgrades and Downgrades

IAG has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft raised shares of International Consolidated Airlines Group to a "buy" rating and increased their target price for the stock from GBX 215 ($2.78) to GBX 400 ($5.17) in a research note on Wednesday, December 11th. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of International Consolidated Airlines Group in a research report on Monday, March 3rd. Jefferies Financial Group raised their price objective on International Consolidated Airlines Group from GBX 350 ($4.53) to GBX 400 ($5.17) and gave the company a "buy" rating in a report on Monday, March 3rd. Finally, Barclays downgraded International Consolidated Airlines Group to an "underweight" rating and reduced their target price for the stock from GBX 420 ($5.43) to GBX 250 ($3.23) in a research note on Wednesday, March 12th. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, International Consolidated Airlines Group has a consensus rating of "Moderate Buy" and a consensus price target of GBX 320 ($4.14).

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International Consolidated Airlines Group Price Performance

The company has a debt-to-equity ratio of 338.12, a quick ratio of 0.63 and a current ratio of 0.70. The stock has a market capitalization of £16.47 billion, a PE ratio of 5.89, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31. The stock's 50 day moving average is GBX 322.09 and its two-hundred day moving average is GBX 272.21.

International Consolidated Airlines Group Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, June 30th. Stockholders of record on Thursday, June 26th will be given a €0.06 ($0.07) dividend. This represents a dividend yield of 1.72%. The ex-dividend date is Thursday, June 26th. This is an increase from International Consolidated Airlines Group's previous dividend of $0.03. International Consolidated Airlines Group's dividend payout ratio (DPR) is 10.56%.

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.