International Consolidated Airlines Group (LON:IAG) Stock Price Crosses Above 200 Day Moving Average of $152.61

International Consolidated Airlines Group S.A. (LON:IAG) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 152.61 ($1.92) and traded as high as GBX 177 ($2.22). International Consolidated Airlines Group shares last traded at GBX 171.70 ($2.16), with a volume of 20,437,233 shares.

Analyst Ratings Changes

IAG has been the topic of several recent analyst reports. Bank of America reaffirmed a “buy” rating and set a GBX 230 ($2.89) price objective on shares of International Consolidated Airlines Group in a report on Friday, March 1st. Royal Bank of Canada lifted their price objective on International Consolidated Airlines Group from GBX 200 ($2.51) to GBX 220 ($2.76) and gave the stock an “outperform” rating in a report on Thursday, March 21st.

International Consolidated Airlines Group Price Performance

The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 490.60. The company has a market cap of £8.45 billion, a price-to-earnings ratio of 399.30, a PEG ratio of 0.21 and a beta of 2.31. The stock’s 50-day simple moving average is GBX 154.70 and its 200 day simple moving average is GBX 152.61.

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.