International Consolidated Airlines Group (OTCMKTS:ICAGY) Rating Lowered to Hold at The Goldman Sachs Group

International Consolidated Airlines Group (OTCMKTS:ICAGY) was downgraded by stock analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft raised shares of International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

International Consolidated Airlines Group Stock Performance

Shares of ICAGY stock opened at $8.65 on Monday. The firm has a market capitalization of $20.89 billion, a price-to-earnings ratio of 2.75, a PEG ratio of 0.75 and a beta of 2.17. The stock has a fifty day moving average of $7.78 and a 200 day moving average of $6.10. International Consolidated Airlines Group has a 52 week low of $3.51 and a 52 week high of $9.11. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 2.71.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.