International Consolidated Airlns Grp (LON:IAG) Earns Buy Rating from Citigroup

Citigroup reiterated their buy rating on shares of International Consolidated Airlns Grp (LON:IAG) in a report released on Tuesday morning, Digital Look reports. The brokerage currently has a GBX 750 ($9.87) price target on the stock.

A number of other research firms also recently issued reports on IAG. Liberum Capital reissued a buy rating on shares of International Consolidated Airlns Grp in a research report on Friday, January 17th. UBS Group set a GBX 700 ($9.21) target price on shares of International Consolidated Airlns Grp and gave the stock a buy rating in a research report on Thursday, February 6th. Royal Bank of Canada set a GBX 650 ($8.55) target price on shares of International Consolidated Airlns Grp and gave the stock a buy rating in a research report on Thursday, October 31st. Deutsche Bank increased their target price on shares of International Consolidated Airlns Grp from GBX 670 ($8.81) to GBX 685 ($9.01) and gave the stock a buy rating in a research report on Thursday, December 12th. Finally, Credit Suisse Group reissued a buy rating and set a GBX 792 ($10.42) target price on shares of International Consolidated Airlns Grp in a research report on Wednesday, February 5th. Sixteen investment analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and a consensus price target of GBX 704.93 ($9.27).

LON IAG opened at GBX 639.60 ($8.41) on Tuesday. The company has a 50-day moving average of GBX 623.62 and a 200-day moving average of GBX 531.41. The company has a market cap of $12.69 billion and a P/E ratio of 4.00. International Consolidated Airlns Grp has a 12 month low of GBX 5.58 ($0.07) and a 12 month high of GBX 684 ($9.00). The company has a debt-to-equity ratio of 194.65, a current ratio of 0.85 and a quick ratio of 0.69.

About International Consolidated Airlns Grp

International Consolidated Airlines Group, SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, Ireland, the United States, and rest of the world. The company operates under the British Airways, Iberia, Vueling, LEVEL, and Aer Lingus brands.

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Analyst Recommendations for International Consolidated Airlns Grp (LON:IAG)

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