International Consolidated Airlines Group SA (OTCMKTS:ICAGY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

International Consolidated Airlines Group SA (OTCMKTS:ICAGY) has earned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company.

A number of research firms recently issued reports on ICAGY. The Goldman Sachs Group upgraded shares of International Consolidated Airlines Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 22nd. Morgan Stanley began coverage on shares of International Consolidated Airlines Group in a research report on Wednesday, October 15th. They set an “overweight” rating on the stock. Barclays upgraded shares of International Consolidated Airlines Group from an “underweight” rating to an “equal weight” rating in a research report on Monday, August 4th. Zacks Research upgraded shares of International Consolidated Airlines Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 6th. Finally, UBS Group downgraded shares of International Consolidated Airlines Group from a “neutral” rating to a “sell” rating in a research report on Wednesday, August 6th.

International Consolidated Airlines Group Trading Up 0.2%

OTCMKTS:ICAGY opened at $10.87 on Thursday. The firm’s fifty day moving average is $10.47 and its 200-day moving average is $9.39. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.65 and a current ratio of 0.68. International Consolidated Airlines Group has a 52 week low of $5.31 and a 52 week high of $11.01. The firm has a market cap of $25.04 billion, a P/E ratio of 3.47, a P/E/G ratio of 0.65 and a beta of 2.10.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last posted its quarterly earnings data on Friday, August 1st. The transportation company reported $1.29 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.79. International Consolidated Airlines Group had a net margin of 9.52% and a return on equity of 110.40%. The company had revenue of $10.06 billion for the quarter, compared to analyst estimates of $8.77 billion. Equities analysts expect that International Consolidated Airlines Group will post 1.07 earnings per share for the current year.

International Consolidated Airlines Group Company Profile

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.