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

Shares of International Consolidated Airlines Group SA (OTCMKTS:ICAGY) have been given an average recommendation of “Hold” by the six research firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company.

Several brokerages have recently commented on ICAGY. Zacks Research cut shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 12th. The Goldman Sachs Group raised International Consolidated Airlines Group from a “neutral” rating to a “buy” rating in a report on Wednesday, October 22nd. Finally, Morgan Stanley initiated coverage on International Consolidated Airlines Group in a report on Wednesday, October 15th. They issued an “overweight” rating for the company.

International Consolidated Airlines Group Stock Down 2.8%

ICAGY stock opened at $11.00 on Tuesday. The company has a current ratio of 0.68, a quick ratio of 0.65 and a debt-to-equity ratio of 1.99. The firm has a 50 day simple moving average of $10.69 and a 200-day simple moving average of $10.42. The company has a market capitalization of $25.13 billion, a P/E ratio of 3.33, a PEG ratio of 0.62 and a beta of 1.65. International Consolidated Airlines Group has a twelve month low of $5.60 and a twelve month high of $11.77.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last posted its quarterly earnings data on Friday, November 7th. The transportation company reported $1.77 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $1.09. The firm had revenue of $10.90 billion for the quarter, compared to the consensus estimate of $10.95 billion. International Consolidated Airlines Group had a net margin of 9.52% and a return on equity of 112.24%. On average, equities research analysts predict that International Consolidated Airlines Group will post 1.07 earnings per share for the current fiscal year.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group (OTCMKTS:ICAGY) is a Europe-focused airline holding company formed in 2011 through the combination of British Airways and Iberia. The group owns and operates a portfolio of passenger carriers that provide short-haul, long-haul and low-cost services, together with associated aviation businesses. Its operations span international and domestic markets, with extensive networks across Europe, transatlantic routes and links to Latin America and other global destinations.

IAG’s principal airline brands include British Airways, Iberia, Aer Lingus, Vueling and LEVEL.