International Consolidated Airlines Group SA (OTCMKTS:ICAGY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of International Consolidated Airlines Group SA (OTCMKTS:ICAGY) have been assigned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the firm, Marketbeat Ratings reports. One 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 brokerages recently commented on ICAGY. Zacks Research downgraded shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 20th. Barclays raised 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 Stock Performance

Shares of International Consolidated Airlines Group stock opened at $11.36 on Friday. The company has a 50 day moving average of $10.47 and a 200-day moving average of $10.74. International Consolidated Airlines Group has a 1-year low of $8.22 and a 1-year high of $12.36. 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 company has a market cap of $25.36 billion, a PE ratio of 2.67 and a beta of 1.62.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last issued its quarterly earnings results on Friday, May 8th. The transportation company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.15. International Consolidated Airlines Group had a net margin of 10.38% and a return on equity of 100.80%. The company had revenue of $8.40 billion during the quarter, compared to the consensus estimate of $8.41 billion. As a group, equities research analysts forecast that International Consolidated Airlines Group will post 1.5 earnings per share for the current fiscal 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.