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

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

Separately, 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.

International Consolidated Airlines Group Stock Performance

OTCMKTS ICAGY opened at $11.40 on Wednesday. The business’s 50 day moving average price is $11.47 and its 200-day moving average price is $10.82. International Consolidated Airlines Group has a fifty-two week low of $5.60 and a fifty-two week high of $12.36. The company has a market cap of $26.02 billion, a P/E ratio of 2.89, a P/E/G ratio of 0.38 and a beta of 1.58. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.65 and a current ratio of 0.68.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last posted its quarterly earnings data 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 company had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.64 billion. Sell-side analysts predict that International Consolidated Airlines Group will post 1.07 earnings per share for the current 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.