Deutsche Bank Aktiengesellschaft Upgrades International Consolidated Airlines Group (LON:IAG) to “Buy”

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

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

International Consolidated Airlines Group Stock Up 0.5 %

International Consolidated Airlines Group 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 firm has a 50 day moving average price of GBX 228.69 and a 200 day moving average price of GBX 194.40. The company has a market capitalization of £14.37 billion, a PE ratio of 696.19, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31. The company has a debt-to-equity ratio of 337.70, a quick ratio of 0.63 and a current ratio of 0.70.

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.