International Consolidated Airlns Grp (LON:IAG) Hits New 12-Month Low at $440.20

International Consolidated Airlns Grp SA (LON:IAG)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 440.20 ($5.75) and last traded at GBX 440.20 ($5.75), with a volume of 2853071 shares traded. The stock had previously closed at GBX 452 ($5.91).

IAG has been the subject of a number of recent analyst reports. Liberum Capital reiterated a “buy” rating and set a GBX 875 ($11.43) target price on shares of International Consolidated Airlns Grp in a research report on Thursday, February 28th. UBS Group reiterated a “neutral” rating and set a GBX 608 ($7.94) target price (down previously from GBX 705 ($9.21)) on shares of International Consolidated Airlns Grp in a research report on Thursday, February 28th. HSBC increased their target price on shares of International Consolidated Airlns Grp from GBX 525 ($6.86) to GBX 550 ($7.19) and gave the stock a “reduce” rating in a research report on Friday, March 1st. Barclays set a GBX 700 ($9.15) target price on shares of International Consolidated Airlns Grp and gave the stock a “buy” rating in a research report on Friday, March 1st. Finally, Royal Bank of Canada reiterated a “sector performer” rating and set a GBX 650 ($8.49) target price on shares of International Consolidated Airlns Grp in a research report on Thursday, March 7th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 672.31 ($8.78).

The company has a debt-to-equity ratio of 111.74, a quick ratio of 0.78 and a current ratio of 0.91. The company has a market cap of $8.92 billion and a PE ratio of 2.81. The business’s 50-day moving average price is GBX 472.40.

In other International Consolidated Airlns Grp news, insider William Matthew Walsh sold 350,000 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of GBX 503 ($6.57), for a total value of £1,760,500 ($2,300,405.07).

International Consolidated Airlns Grp Company Profile (LON:IAG)

International Consolidated Airlines Group, SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, Ireland, the United States, and rest of the world. The company operates under the British Airways, Iberia, Vueling, LEVEL, and Aer Lingus brands.

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