International Consolidated Airlines Group SA (OTCMKTS:ICAGY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of International Consolidated Airlines Group SA (OTCMKTS:ICAGY) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company.

A number of brokerages have weighed in on ICAGY. 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. Zacks Research lowered shares of 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 Price Performance

Shares of ICAGY opened at $11.26 on Friday. The firm has a market cap of $25.14 billion, a PE ratio of 2.64 and a beta of 1.62. The company has a current ratio of 0.70, a quick ratio of 0.66 and a debt-to-equity ratio of 1.48. The firm has a fifty day simple moving average of $10.63 and a two-hundred day simple moving average of $10.78. International Consolidated Airlines Group has a 1-year low of $8.22 and a 1-year high of $12.36.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its earnings results on Friday, May 8th. The transportation company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.15. The business had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.41 billion. International Consolidated Airlines Group had a net margin of 10.38% and a return on equity of 100.80%. On average, equities analysts anticipate that International Consolidated Airlines Group will post 1.5 EPS 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.