BNP Paribas initiated coverage on shares of International Consolidated Airlines Group SA (OTC:ICAGY) in a report issued on Thursday. The firm issued an outperform rating on the stock.

Other analysts have also recently issued reports about the company. Credit Suisse Group AG cut International Consolidated Airlines Group SA from an outperform rating to a neutral rating in a report on Thursday, July 21st. Goldman Sachs Group Inc. cut International Consolidated Airlines Group SA from a buy rating to a neutral rating in a report on Monday, June 27th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold.

International Consolidated Airlines Group SA (OTC:ICAGY) traded up 1.95% during mid-day trading on Thursday, hitting $23.12. 1,414 shares of the company traded hands. The company has a market capitalization of $8.96 billion, a price-to-earnings ratio of 5.17 and a beta of 1.42. International Consolidated Airlines Group SA has a one year low of $22.30 and a one year high of $46.91. The company’s 50-day moving average price is $25.75 and its 200 day moving average price is $31.17.

International Consolidated Airlines Group SA Company Profile

International Consolidated Airlines Group, SA (IAG) is a holding company. The Company is an airline company, which holds the interests of airline and ancillary operations. Its segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. IAG combines the airlines in the United Kingdom, Spain and Ireland.

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