International Consolidated Airlines Group (LON:IAG) Share Price Passes Above Two Hundred Day Moving Average - Here's Why

International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 370.10 and traded as high as GBX 391.20. International Consolidated Airlines Group shares last traded at GBX 389.80, with a volume of 11,738,816 shares traded.Wall Street Analysts Forecast Growth10 Best Airline Stocks to BuyA number of equities research analysts have weighed in on IAG shares. Peel Hunt reiterated a "buy" rating and issued a GBX 450 price objective on shares of International Consolidated Airlines Group in a research note on Friday, November 7th. Citigroup upped their price target on shares of International Consolidated Airlines Group from GBX 620 to GBX 630 and gave the company a "buy" rating in a research report on Monday, November 10th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of International Consolidated Airlines Group from GBX 475 to GBX 500 and gave the stock a "buy" rating in a research report on Monday, November 17th. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a GBX 500 price objective on shares of International Consolidated Airlines Group in a research note on Monday, November 10th. Six equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of GBX 455.Read Our Latest Stock Analysis on IAGInternational Consolidated Airlines Group Price PerformanceThe company has a market cap of £17.62 billion, a price-to-earnings ratio of 5.95, a PEG ratio of 0.21 and a beta of 2.31. The company's 50 day moving average price is GBX 395 and its 200 day moving average price is GBX 370.10. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 338.12. 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.Featured StoriesFive stocks we like better than International Consolidated Airlines GroupWhat is the Dow Jones Industrial Average (DJIA)?D-Wave: Time to Buy the Dip? Or is the Fall Just Starting?P/E Ratio Calculation: How to Assess StocksHims, Block, and NRG Just Launched Huge Stock Buybacks Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?Retail Earnings Roundup: Walmart Scores, Target Slumps in Q3This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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