International Consolidated Airlines Group (LON:IAG) Hits New 12-Month High – Still a Buy?

International Consolidated Airlines Group S.A. (LON:IAG)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 307.20 ($3.85) and last traded at GBX 303.33 ($3.80), with a volume of 730976938 shares. The stock had previously closed at GBX 305.80 ($3.83).

Analysts Set New Price Targets

A number of equities research analysts recently commented on IAG shares. JPMorgan Chase & Co. reiterated a “buy” rating on shares of International Consolidated Airlines Group in a research report on Wednesday, December 4th. Deutsche Bank Aktiengesellschaft raised shares of International Consolidated Airlines Group to a “buy” rating and upped their price objective for the company from GBX 215 ($2.70) to GBX 400 ($5.01) in a report on Wednesday, December 11th.

International Consolidated Airlines Group Trading Down 0.0 %

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 firm has a market cap of £14.77 billion, a price-to-earnings ratio of 717.86, a PEG ratio of 0.21 and a beta of 2.31. The company has a fifty day moving average price of GBX 243.41 and a 200-day moving average price of GBX 200.95.

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.