International Consolidated Airlines Group (LON:IAG) PT Raised to GBX 215

International Consolidated Airlines Group (LON:IAG) had its price objective boosted by analysts at Deutsche Bank Aktiengesellschaft from GBX 200 ($2.47) to GBX 215 ($2.66) in a research note issued on Tuesday, MarketBeat reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 21.50% from the stock’s current price.

Other equities research analysts have also recently issued reports about the company. Bank of America reaffirmed a “buy” rating and issued a GBX 230 ($2.84) target price on shares of International Consolidated Airlines Group in a report on Friday, March 1st. Royal Bank of Canada lifted their price target on International Consolidated Airlines Group from GBX 200 ($2.47) to GBX 220 ($2.72) and gave the stock an “outperform” rating in a research report on Thursday, March 21st.

International Consolidated Airlines Group Price Performance

LON:IAG opened at GBX 176.95 ($2.19) on Tuesday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 490.60. The business’s 50-day simple moving average is GBX 161 and its two-hundred day simple moving average is GBX 154.50. The stock has a market cap of £8.71 billion, a PE ratio of 411.51, a P/E/G ratio of 0.21 and a beta of 2.33. International Consolidated Airlines Group has a 52 week low of GBX 137 ($1.69) and a 52 week high of GBX 182 ($2.25).

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.