International Consolidated Airlines Group (LON:IAG) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

International Consolidated Airlines Group S.A. (LON:IAG)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 210.11 ($2.62) and traded as high as GBX 304.50 ($3.80). International Consolidated Airlines Group shares last traded at GBX 304.50 ($3.80), with a volume of 17,626,465 shares.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. restated a “buy” rating on shares of International Consolidated Airlines Group in a research note on Wednesday, December 4th. Deutsche Bank Aktiengesellschaft upgraded shares of International Consolidated Airlines Group to a “buy” rating and raised their price target for the stock from GBX 215 ($2.68) to GBX 400 ($4.99) in a research report on Wednesday, December 11th.

International Consolidated Airlines Group Stock Performance

The company has a 50-day moving average price of GBX 264.14 and a 200-day moving average price of GBX 211.11. 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 firm has a market capitalization of £15.06 billion, a price-to-earnings ratio of 731.90, a P/E/G 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.