International Consolidated Airlines Group (OTCMKTS:ICAGY) Downgraded to Hold Rating by Sanford C. Bernstein

Posted by Lauren Steadman on Feb 14th, 2025

International Consolidated Airlines Group (OTCMKTS:ICAGY – Get Free Report) was downgraded by equities researchers at Sanford C. Bernstein from a “strong-buy” rating to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

ICAGY has been the topic of several other reports. The Goldman Sachs Group cut shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft upgraded International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

View Our Latest Report on ICAGY

International Consolidated Airlines Group Stock Down 0.2 %

Shares of OTCMKTS:ICAGY opened at $8.70 on Wednesday. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 2.71. The firm has a market cap of $21.01 billion, a P/E ratio of 2.77, a P/E/G ratio of 0.75 and a beta of 2.17. International Consolidated Airlines Group has a 12 month low of $3.54 and a 12 month high of $9.11. The company’s 50-day moving average price is $7.85 and its two-hundred day moving average price is $6.15.

International Consolidated Airlines Group Company Profile

(Get Free Report)

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.