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

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

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

International Consolidated Airlines Group Price Performance

Shares of ICAGY stock opened at $11.80 on Friday. The stock’s fifty day simple moving average is $11.01 and its 200 day simple moving average is $10.59. International Consolidated Airlines Group has a one year low of $5.60 and a one year high of $11.80. The firm has a market cap of $26.93 billion, a price-to-earnings ratio of 3.58, a P/E/G ratio of 0.41 and a beta of 1.63. 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 (OTCMKTS:ICAGY) last released its quarterly earnings data on Friday, November 7th. The transportation company reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $1.09. The firm had revenue of $10.90 billion during 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%. On average, analysts expect that International Consolidated Airlines Group will post 1.07 earnings per share 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.