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

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

Several research analysts have issued reports on ICAGY shares. Barclays upgraded International Consolidated Airlines Group from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 9th. Zacks Research lowered International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 20th.

International Consolidated Airlines Group Stock Performance

International Consolidated Airlines Group stock opened at $10.02 on Monday. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.70 and a quick ratio of 0.66. The stock has a fifty day moving average price of $10.09 and a two-hundred day moving average price of $10.69. International Consolidated Airlines Group has a 52-week low of $8.22 and a 52-week high of $12.36. The firm has a market capitalization of $22.37 billion, a P/E ratio of 2.35 and a beta of 1.60.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last released its quarterly earnings data on Friday, May 8th. The transportation company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.15. International Consolidated Airlines Group had a return on equity of 75.60% and a net margin of 10.38%.The firm had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.41 billion. As a group, analysts anticipate that International Consolidated Airlines Group will post 1.7 EPS for the current fiscal year.

About International Consolidated Airlines Group

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.