International Consolidated Airlines Group (LON:IAG) Sets New 1-Year Low at $133.01

Posted by Donna Armstrong on Jul 26th, 2024

International Consolidated Airlines Group S.A. (LON:IAG – Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 133.01 ($1.72) and last traded at GBX 163.30 ($2.11), with a volume of 14368873 shares traded. The stock had previously closed at GBX 164.90 ($2.13).

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on IAG shares. Deutsche Bank Aktiengesellschaft raised their price target on International Consolidated Airlines Group from GBX 200 ($2.59) to GBX 215 ($2.78) and gave the stock a “hold” rating in a research report on Tuesday, April 23rd. Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 230 ($2.97) price objective on shares of International Consolidated Airlines Group in a report on Tuesday, June 18th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of International Consolidated Airlines Group in a report on Thursday, June 13th.

Get Our Latest Report on IAG

International Consolidated Airlines Group Trading Up 1.4 %

The stock has a 50 day moving average price of GBX 170.36 and a 200 day moving average price of GBX 163.81. The company has a market cap of £8.22 billion, a PE ratio of 371.44, a PEG ratio of 0.21 and a beta of 2.31. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 490.60.

International Consolidated Airlines Group Company Profile

(Get Free Report)

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.