International Consolidated Airlines Group (LON:IAG) Hits New 1-Year High - Time to Buy?

International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 348.70 ($4.34) and last traded at GBX 347.10 ($4.32), with a volume of 28061061 shares. The stock had previously closed at GBX 340.60 ($4.24).

Wall Street Analyst Weigh In

• 10 Best Airline Stocks to Buy

IAG has been the topic of several analyst reports. JPMorgan Chase & Co. reissued a "buy" rating on shares of International Consolidated Airlines Group in a research note on Wednesday, December 4th. Deutsche Bank Aktiengesellschaft upgraded International Consolidated Airlines Group to a "buy" rating and upped their price target for the company from GBX 215 ($2.67) to GBX 400 ($4.97) in a research report on Wednesday, December 11th.

View Our Latest Stock Report on IAG

International Consolidated Airlines Group Stock Performance

The company has a debt-to-equity ratio of 337.70, a quick ratio of 0.63 and a current ratio of 0.70. The stock's 50 day moving average price is GBX 304.48 and its 200 day moving average price is GBX 233.55. The company has a market capitalization of £17.90 billion, a P/E ratio of 870.00, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31.

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.

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