International Consolidated Airlines Group (OTCMKTS:ICAGY) Rating Increased to Overweight at Barclays

Barclays upgraded shares of International Consolidated Airlines Group (OTCMKTS:ICAGY) from an equal weight rating to an overweight rating in a research report sent to investors on Monday, Marketbeat reports.

Separately, Zacks Research upgraded shares of International Consolidated Airlines Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, International Consolidated Airlines Group has a consensus rating of “Moderate Buy”.

International Consolidated Airlines Group Stock Performance

Shares of International Consolidated Airlines Group stock opened at $9.91 on Monday. The business’s fifty day simple moving average is $11.34 and its 200 day simple moving average is $10.81. The company has a current ratio of 0.68, a quick ratio of 0.65 and a debt-to-equity ratio of 1.99. International Consolidated Airlines Group has a 12 month low of $5.60 and a 12 month high of $12.36. The firm has a market capitalization of $22.62 billion, a P/E ratio of 2.51, a price-to-earnings-growth ratio of 0.45 and a beta of 1.58.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its quarterly earnings data on Friday, February 27th. The transportation company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.49. International Consolidated Airlines Group had a return on equity of 167.88% 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. As a group, analysts anticipate that International Consolidated Airlines Group will post 1.07 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.