International Consolidated Airlines Group (LON:IAG) Receives “Buy” Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their buy rating on shares of International Consolidated Airlines Group (LON:IAG) in a research report report published on Wednesday, Marketbeat Ratings reports.

International Consolidated Airlines Group Trading Up 4.0 %

Shares of LON:IAG opened at GBX 275.10 ($3.50) on Wednesday. International Consolidated Airlines Group has a 12-month low of GBX 141.35 ($1.80) and a 12-month high of GBX 278.10 ($3.53). The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 337.70. The company has a market cap of £13.48 billion, a PE ratio of 649.29, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31. The stock has a 50 day moving average of GBX 220.80 and a 200 day moving average of GBX 190.78.

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.