Citigroup Cuts International Consolidated Airlines Group (LON:IAG) Price Target to GBX 600

International Consolidated Airlines Group (LON:IAGFree Report) had its target price decreased by Citigroup from GBX 610 to GBX 600 in a report published on Monday morning, Marketbeat reports. Citigroup currently has a buy rating on the stock.

Several other research firms have also issued reports on IAG. UBS Group reissued a “sell” rating and set a GBX 355 price objective on shares of International Consolidated Airlines Group in a research note on Tuesday, May 5th. Royal Bank Of Canada decreased their target price on International Consolidated Airlines Group from GBX 480 to GBX 465 and set an “outperform” rating on the stock in a research note on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 460 target price on shares of International Consolidated Airlines Group in a research note on Monday, May 11th. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, International Consolidated Airlines Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 503.

Check Out Our Latest Research Report on International Consolidated Airlines Group

International Consolidated Airlines Group Stock Up 1.0%

IAG opened at GBX 443.20 on Monday. The company has a fifty day moving average price of GBX 446.55 and a 200-day moving average price of GBX 413.13. The firm has a market capitalization of £19.63 billion, a P/E ratio of 6.90, a price-to-earnings-growth ratio of 0.21 and a beta of 1.32. The company has a debt-to-equity ratio of 160.78, a current ratio of 0.77 and a quick ratio of 0.63. International Consolidated Airlines Group has a one year low of GBX 332.70 and a one year high of GBX 492.90.

International Consolidated Airlines Group Company Profile

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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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