Analysts Set International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) PT at $78.36

Shares of International Consolidated Airlines Group S.A. (OTCMKTS:ICAGYGet Rating) have been given a consensus rating of “Hold” by the nine ratings firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $78.36.

A number of brokerages have weighed in on ICAGY. HSBC upgraded shares of International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a report on Monday, October 3rd. Stifel Nicolaus lowered shares of International Consolidated Airlines Group from a “hold” rating to a “sell” rating in a report on Wednesday, September 14th. Morgan Stanley initiated coverage on shares of International Consolidated Airlines Group in a report on Friday, November 4th. They set an “equal weight” rating on the stock. JPMorgan Chase & Co. lifted their target price on shares of International Consolidated Airlines Group from €1.40 ($1.43) to €1.45 ($1.48) and gave the company a “neutral” rating in a report on Monday, October 31st. Finally, UBS Group reduced their target price on shares of International Consolidated Airlines Group from GBX 180 ($2.13) to GBX 170 ($2.01) in a report on Tuesday, August 9th.

International Consolidated Airlines Group Stock Up 1.1 %

Shares of OTCMKTS ICAGY opened at $3.13 on Friday. International Consolidated Airlines Group has a 1 year low of $2.06 and a 1 year high of $4.83. The firm’s 50 day moving average price is $2.61 and its 200 day moving average price is $2.73. The firm has a market cap of $3.10 billion, a P/E ratio of -13.61 and a beta of 1.97. The company has a debt-to-equity ratio of 9.84, a quick ratio of 0.81 and a current ratio of 0.83.

International Consolidated Airlines Group (OTCMKTS:ICAGYGet Rating) last announced its quarterly earnings results on Friday, October 28th. The transportation company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.63. The company had revenue of $7.39 billion for the quarter, compared to analyst estimates of $6.77 billion. International Consolidated Airlines Group had a negative net margin of 1.10% and a negative return on equity of 22.11%. As a group, sell-side analysts anticipate that International Consolidated Airlines Group will post 0.14 earnings per share for the current year.

International Consolidated Airlines Group Company Profile

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International Consolidated Airlines Group, SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, Ireland, the United States, and rest of the world. The company operates under the British Airways, Iberia, Vueling, Aer Lingus, and LEVEL brands.

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Analyst Recommendations for International Consolidated Airlines Group (OTCMKTS:ICAGY)

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