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

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

Separately, Zacks Research upgraded shares of International Consolidated Airlines Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 13th.

International Consolidated Airlines Group Stock Performance

OTCMKTS ICAGY opened at $11.40 on Wednesday. International Consolidated Airlines Group has a 1-year low of $5.60 and a 1-year high of $12.36. The business’s 50-day simple moving average is $11.47 and its 200-day simple moving average is $10.82. The firm has a market capitalization of $26.02 billion, a P/E ratio of 3.45, 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 results 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 return on equity of 112.24% and a net margin of 9.52%. Equities analysts predict that International Consolidated Airlines Group will post 1.07 EPS for the current 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.