JPMorgan Chase & Co. Reiterates “Overweight” Rating for International Consolidated Airlines Group (LON:IAG)

International Consolidated Airlines Group (LON:IAG)‘s stock had its “overweight” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a report issued on Monday, MarketBeat Ratings reports.

Separately, Deutsche Bank Aktiengesellschaft raised shares of International Consolidated Airlines Group to a “buy” rating and upped their price target for the company from GBX 215 ($2.75) to GBX 400 ($5.12) in a research report on Wednesday, December 11th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 362.50 ($4.64).

International Consolidated Airlines Group Price Performance

IAG opened at GBX 319.20 ($4.08) on Monday. International Consolidated Airlines Group has a 52-week low of GBX 141.40 ($1.81) and a 52-week high of GBX 368.06 ($4.71). The stock has a market capitalization of £18.86 billion, a P/E ratio of 6.74, a P/E/G ratio of 0.21 and a beta of 2.31. The company has a debt-to-equity ratio of 338.12, a quick ratio of 0.63 and a current ratio of 0.70. The company’s 50-day simple moving average is GBX 325.89 and its two-hundred day simple moving average is GBX 257.18.

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.