International Consolidated Airlines Group (LON:IAG) Price Target Cut to GBX 600 by Analysts at Citigroup

International Consolidated Airlines Group (LON:IAG) had its price objective decreased by research analysts at Citigroup from GBX 610 to GBX 600 in a research report issued on Monday,Digital Look reports. The firm presently has a “buy” rating on the stock. Citigroup’s target price would indicate a potential upside of 50.49% from the stock’s current price.

International Consolidated Airlines Group Price Performance

Shares of LON:IAG opened at GBX 398.70 on Monday. The stock has a market cap of £18.02 billion, a PE ratio of 5.74, a price-to-earnings-growth ratio of 0.21 and a beta of 1.35. The company has a debt-to-equity ratio of 261.79, a quick ratio of 0.63 and a current ratio of 0.70. International Consolidated Airlines Group has a one year low of GBX 246.50 and a one year high of GBX 464.28. The business’s fifty day moving average price is GBX 390.40 and its two-hundred day moving average price is GBX 400.89.

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.