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

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

Several equities analysts have recently commented on ICAGY shares. Zacks Research upgraded shares of International Consolidated Airlines Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 13th. 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 Price Performance

Shares of ICAGY opened at $9.16 on Friday. The business’s 50-day moving average is $11.03 and its 200-day moving average is $10.76. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.68 and a quick ratio of 0.65. The company has a market capitalization of $20.91 billion, a price-to-earnings ratio of 2.32, a P/E/G ratio of 0.43 and a beta of 1.58. International Consolidated Airlines Group has a fifty-two week low of $5.60 and a fifty-two week high of $12.36.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last posted its quarterly earnings results on Friday, February 27th. The transportation company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.33 by $0.49. International Consolidated Airlines Group had a net margin of 10.21% and a return on equity of 167.88%. The business had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.64 billion. Equities research analysts expect that International Consolidated Airlines Group will post 1.07 EPS for the current fiscal 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.