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 an average rating of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have assigned a buy recommendation to the company.

Several brokerages have issued reports on ICAGY. Zacks Research cut International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 20th. Barclays raised International Consolidated Airlines Group from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 9th.

International Consolidated Airlines Group Trading Down 2.4%

Shares of OTCMKTS:ICAGY opened at $10.02 on Monday. The stock has a market capitalization of $22.37 billion, a price-to-earnings ratio of 2.35, a PEG ratio of 0.54 and a beta of 1.60. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.66 and a current ratio of 0.70. The stock’s 50-day simple moving average is $10.09 and its two-hundred day simple moving average is $10.69. International Consolidated Airlines Group has a 52-week low of $8.22 and a 52-week high of $12.36.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its earnings results on Friday, May 8th. The transportation company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.15. The business had revenue of $8.40 billion for the quarter, compared to analysts’ expectations of $8.41 billion. International Consolidated Airlines Group had a return on equity of 75.60% and a net margin of 10.38%. Analysts expect that International Consolidated Airlines Group will post 1.7 EPS 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.