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

International Consolidated Airlines Group (LON:IAG)‘s stock had its “buy” rating reiterated by equities researchers at JPMorgan Chase & Co. in a note issued to investors on Wednesday, MarketBeat.com reports.

International Consolidated Airlines Group Trading Up 2.8 %

Shares of International Consolidated Airlines Group stock opened at GBX 282.90 ($3.61) on Wednesday. International Consolidated Airlines Group has a 52-week low of GBX 141.35 ($1.80) and a 52-week high of GBX 282.90 ($3.61). The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 337.70. The company’s 50-day simple moving average is GBX 222.37 and its 200-day simple moving average is GBX 191.45. The firm has a market cap of £13.86 billion, a price-to-earnings ratio of 673.57, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31.

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.