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

Shares of International Consolidated Airlines Group SA (OTCMKTS:ICAGY) have received an average rating of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating on the company.

Several research analysts have commented on the company. Zacks Research downgraded International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 20th. Barclays upgraded shares of International Consolidated Airlines Group from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 9th.

International Consolidated Airlines Group Trading Down 1.0%

International Consolidated Airlines Group stock opened at $9.49 on Friday. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.65 and a current ratio of 0.70. The business’s 50-day simple moving average is $10.90 and its 200-day simple moving average is $10.73. The firm has a market capitalization of $21.66 billion, a PE ratio of 2.40, a PEG ratio of 0.45 and a beta of 1.58. International Consolidated Airlines Group has a 52 week low of $5.60 and a 52 week high of $12.36.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its earnings results on Friday, February 27th. The transportation company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.49. International Consolidated Airlines Group had a return on equity of 98.60% and a net margin of 10.21%.The firm had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.64 billion. Equities research analysts forecast 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 (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.