International Consolidated Airlines Group (LON:IAG) Reaches New 52-Week High at $184.55

International Consolidated Airlines Group S.A. (LON:IAG) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 184.55 ($2.32) and last traded at GBX 183.60 ($2.31), with a volume of 181230594 shares changing hands. The stock had previously closed at GBX 179.43 ($2.25).

Analyst Ratings Changes

A number of research firms have recently issued reports on IAG. Deutsche Bank Aktiengesellschaft increased their price objective on shares of International Consolidated Airlines Group from GBX 200 ($2.51) to GBX 215 ($2.70) and gave the stock a “hold” rating in a research report on Tuesday, April 23rd. Bank of America reiterated a “buy” rating and issued a GBX 230 ($2.89) price target on shares of International Consolidated Airlines Group in a report on Friday, March 1st. Finally, Royal Bank of Canada upped their target price on International Consolidated Airlines Group from GBX 200 ($2.51) to GBX 220 ($2.76) and gave the stock an “outperform” rating in a research report on Thursday, March 21st.

International Consolidated Airlines Group Trading Down 0.7 %

The stock has a market capitalization of £8.99 billion, a PE ratio of 424.75, a P/E/G ratio of 0.21 and a beta of 2.33. 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 firm has a 50 day moving average price of GBX 166.35 and a 200 day moving average price of GBX 156.76.

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.