International Consolidated Airlines Group’s (IAG) Sell Rating Reaffirmed at UBS Group

International Consolidated Airlines Group (LON:IAG)‘s stock had its “sell” rating reissued by analysts at UBS Group in a report released on Tuesday,Digital Look reports. They currently have a GBX 355 target price on the stock. UBS Group’s target price indicates a potential downside of 3.59% from the stock’s previous close.

Separately, Citigroup reduced their price objective on International Consolidated Airlines Group from GBX 610 to GBX 600 and set a “buy” rating for the company in a report on Monday, April 20th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 481.

International Consolidated Airlines Group Trading Down 0.9%

Shares of LON:IAG opened at GBX 368.20 on Tuesday. International Consolidated Airlines Group has a 12-month low of GBX 275.20 and a 12-month high of GBX 464.28. The stock has a market cap of £16.64 billion, a PE ratio of 5.30, a P/E/G ratio of 0.21 and a beta of 1.35. The business has a 50 day moving average of GBX 380.09 and a 200-day moving average of GBX 399.75. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 261.79.

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.