International Consolidated Airlines Group (LON:IAG) Upgraded at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of International Consolidated Airlines Group (LON:IAG) to a buy rating in a report published on Wednesday morning, Marketbeat.com reports. They currently have GBX 400 ($5.05) target price on the stock, up from their prior target price of GBX 215 ($2.71).

Separately, JPMorgan Chase & Co. restated a “buy” rating on shares of International Consolidated Airlines Group in a research report on Wednesday, December 4th.

International Consolidated Airlines Group Trading Up 0.5 %

Shares of IAG stock opened at GBX 293.20 ($3.70) on Wednesday. International Consolidated Airlines Group has a fifty-two week low of GBX 141.35 ($1.78) and a fifty-two week high of GBX 296.20 ($3.74). The company has a debt-to-equity ratio of 337.70, a quick ratio of 0.63 and a current ratio of 0.70. The stock’s fifty day moving average is GBX 228.69 and its two-hundred day moving average is GBX 194.40. The firm has a market capitalization of £14.37 billion, a P/E ratio of 696.19, a PEG ratio of 0.21 and a beta of 2.31.

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.