JPMorgan Chase & Co. Reaffirms Buy Rating for International Consolidated Airlines Group (LON:IAG)

International Consolidated Airlines Group (LON:IAG)‘s stock had its “buy” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a research report issued on Wednesday,Digital Look reports.

International Consolidated Airlines Group Stock Up 3.0 %

IAG stock opened at GBX 272.30 ($3.45) on Wednesday. The company’s 50 day simple moving average is GBX 219.49 and its 200-day simple moving average is GBX 190.21. The firm has a market capitalization of £13.34 billion, a PE ratio of 648.33, a P/E/G ratio of 0.21 and a beta of 2.31. International Consolidated Airlines Group has a 12 month low of GBX 141.35 ($1.79) and a 12 month high of GBX 272.50 ($3.45). The company has a debt-to-equity ratio of 337.70, a current ratio of 0.70 and a quick ratio of 0.63.

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.