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

International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) reached a new 52-week low on Tuesday . The stock traded as low as GBX 2.35 ($0.03) and last traded at GBX 236.68 ($3.01), with a volume of 1363433250 shares trading hands. The stock had previously closed at GBX 224.40 ($2.86).Wall Street Analysts Forecast Growth10 Best Airline Stocks to BuyA number of equities analysts have issued reports on IAG shares. Jefferies Financial Group increased their price objective on International Consolidated Airlines Group from GBX 350 ($4.46) to GBX 400 ($5.09) and gave the stock a "buy" rating in a report on Monday, March 3rd. Barclays downgraded shares of International Consolidated Airlines Group to an "underweight" rating and reduced their target price for the stock from GBX 420 ($5.35) to GBX 250 ($3.18) in a research report on Wednesday, March 12th. Citigroup reissued a "buy" rating and set a GBX 390 ($4.96) price target on shares of International Consolidated Airlines Group in a research report on Monday, March 31st. Deutsche Bank Aktiengesellschaft upgraded shares of International Consolidated Airlines Group to a "buy" rating and upped their price objective for the stock from GBX 215 ($2.74) to GBX 400 ($5.09) in a report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. reiterated an "overweight" rating on shares of International Consolidated Airlines Group in a report on Monday, March 3rd. One analyst has rated the stock with a sell rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, International Consolidated Airlines Group presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 334 ($4.25).Read Our Latest Stock Report on International Consolidated Airlines GroupInternational Consolidated Airlines Group Stock Up 6.6 %The company has a market capitalization of £14.13 billion, a PE ratio of 5.05, a P/E/G ratio of 0.21 and a beta of 2.31. The company has a debt-to-equity ratio of 338.12, a quick ratio of 0.63 and a current ratio of 0.70. The company's 50-day moving average is GBX 312.59 and its 200 day moving average is GBX 274.59. International Consolidated Airlines Group Increases DividendThe company also recently declared a dividend, which will be paid on Monday, June 30th. Stockholders of record on Thursday, June 26th will be issued a dividend of €0.06 ($0.07) per share. This is a boost from International Consolidated Airlines Group's previous dividend of $0.03. The ex-dividend date is Thursday, June 26th. This represents a dividend yield of 1.72%. International Consolidated Airlines Group's dividend payout ratio is presently 10.56%. 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.See AlsoFive stocks we like better than International Consolidated Airlines GroupWhen to Sell a Stock for Profit or LossTesla’s #1 Bull Cuts Target But Says It’s Still a BuyWhat Percentage Gainers Tell Investors and Why They Don’t Tell the Whole StoryPayPal Stock: Too Cheap to Ignore, Too Strong to MissWhat Investors Must Know About Over-the-Counter (OTC) StocksProgress Software: Making Progress Driven by the AI RevolutionThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in International Consolidated Airlines Group Right Now?Before you consider International Consolidated Airlines Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and International Consolidated Airlines Group wasn't on the list.While International Consolidated Airlines Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here