International Consolidated Airlines Group (LON:IAG) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

International Consolidated Airlines Group S.A. (LON:IAGGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 404.34 and traded as high as GBX 457.30. International Consolidated Airlines Group shares last traded at GBX 451.05, with a volume of 19,617,975 shares changing hands.

More International Consolidated Airlines Group News

Here are the key news stories impacting International Consolidated Airlines Group this week:

Analyst Ratings Changes

Several equities research analysts have recently issued reports on IAG shares. Deutsche Bank Aktiengesellschaft lifted their price target on International Consolidated Airlines Group from GBX 475 to GBX 500 and gave the company a “buy” rating in a report on Monday, November 17th. Citigroup raised their price objective on shares of International Consolidated Airlines Group from GBX 620 to GBX 630 and gave the company a “buy” rating in a research report on Monday, November 10th. Peel Hunt reiterated a “buy” rating and issued a GBX 450 target price on shares of International Consolidated Airlines Group in a research note on Friday, November 7th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 500 target price on shares of International Consolidated Airlines Group in a research report on Monday, November 10th. Six analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 455.

Get Our Latest Stock Report on International Consolidated Airlines Group

International Consolidated Airlines Group Trading Down 7.3%

The company has a market capitalization of £19.34 billion, a P/E ratio of 6.57, a P/E/G ratio of 0.21 and a beta of 2.31. The company has a 50-day simple moving average of GBX 424.34 and a 200 day simple moving average of GBX 404.69. The company has a debt-to-equity ratio of 338.12, a quick ratio of 0.63 and a current ratio of 0.70.

About International Consolidated Airlines Group

(Get Free Report)

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.

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