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

International Consolidated Airlines Group SA (OTCMKTS:ICAGY) has received a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company.

A number of research firms have commented on ICAGY. Morgan Stanley began coverage on shares of International Consolidated Airlines Group in a research report on Wednesday, October 15th. They set an “overweight” rating on the stock. Zacks Research upgraded shares of International Consolidated Airlines Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. Finally, The Goldman Sachs Group raised International Consolidated Airlines Group from a “neutral” rating to a “buy” rating in a report on Wednesday, October 22nd.

International Consolidated Airlines Group Stock Up 0.6%

Shares of International Consolidated Airlines Group stock opened at $11.83 on Friday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.68 and a quick ratio of 0.65. International Consolidated Airlines Group has a 1-year low of $5.60 and a 1-year high of $11.90. The business’s fifty day moving average price is $11.06 and its two-hundred day moving average price is $10.61. The company has a market capitalization of $27.00 billion, a P/E ratio of 3.58, a PEG ratio of 0.42 and a beta of 1.63.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last issued its quarterly earnings results 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 company had revenue of $10.90 billion for the quarter, compared to analyst estimates of $10.95 billion. International Consolidated Airlines Group had a return on equity of 112.24% and a net margin of 9.52%. As a group, research analysts forecast that International Consolidated Airlines Group will post 1.07 EPS for the current 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.