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

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

ICAGY has been the subject of a number of recent analyst reports. Zacks Research downgraded International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 20th. Barclays upgraded International Consolidated Airlines Group from an “equal weight” rating to an “overweight” rating in a report on Monday, March 9th.

International Consolidated Airlines Group Stock Up 6.1%

Shares of OTCMKTS:ICAGY opened at $11.15 on Thursday. The business has a 50-day moving average price of $10.52 and a 200 day moving average price of $10.72. 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 capitalization of $25.45 billion, a price-to-earnings ratio of 2.82, a PEG ratio of 0.63 and a beta of 1.65. International Consolidated Airlines Group has a 12-month low of $6.38 and a 12-month high of $12.36.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last issued its quarterly earnings data on Friday, February 27th. The transportation company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.49. The firm had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.64 billion. International Consolidated Airlines Group had a return on equity of 98.60% and a net margin of 10.21%. Sell-side analysts expect 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.