International Consolidated Airlines Group’s (IAG) “Overweight” Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their overweight rating on shares of International Consolidated Airlines Group (LON:IAG) in a research report report published on Monday morning, MarketBeat reports.

Separately, Deutsche Bank Aktiengesellschaft raised International Consolidated Airlines Group to a “buy” rating and increased their target price for the company from GBX 215 ($2.73) to GBX 400 ($5.08) in a research note on Wednesday, December 11th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, International Consolidated Airlines Group presently has a consensus rating of “Buy” and a consensus price target of GBX 362.50 ($4.61).

International Consolidated Airlines Group Trading Down 1.9 %

IAG opened at GBX 347.10 ($4.41) on Monday. International Consolidated Airlines Group has a fifty-two week low of GBX 141.40 ($1.80) and a fifty-two week high of GBX 368.06 ($4.68). The company has a market cap of £20.51 billion, a price-to-earnings ratio of 7.33, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31. The company has a debt-to-equity ratio of 338.12, a current ratio of 0.70 and a quick ratio of 0.63. The firm has a 50 day simple moving average of GBX 325.54 and a 200 day simple moving average of GBX 256.11.

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.