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

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

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

International Consolidated Airlines Group Price Performance

Shares of OTCMKTS ICAGY opened at $11.95 on Friday. 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 business has a 50-day moving average of $11.11 and a 200-day moving average of $10.62. The stock has a market capitalization of $27.28 billion, a price-to-earnings ratio of 3.62, a PEG ratio of 0.41 and a beta of 1.63. International Consolidated Airlines Group has a fifty-two week low of $5.60 and a fifty-two week high of $11.95.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last issued its quarterly earnings results on Friday, November 7th. The transportation company reported $1.77 EPS for the quarter, beating the consensus estimate of $0.68 by $1.09. The firm had revenue of $10.90 billion during the quarter, compared to analysts’ expectations of $10.95 billion. International Consolidated Airlines Group had a return on equity of 112.24% and a net margin of 9.52%. As a group, sell-side analysts predict that International Consolidated Airlines Group will post 1.07 earnings per share for the current fiscal 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.