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

Shares of International Consolidated Airlines Group SA (OTCMKTS:ICAGY) have been given an average recommendation of “Moderate Buy” by the six analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have issued a buy recommendation on the company.

A number of equities analysts have recently commented on the stock. Barclays raised shares of International Consolidated Airlines Group from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 9th. Zacks Research lowered International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Friday, March 20th.

International Consolidated Airlines Group Stock Down 1.9%

Shares of ICAGY opened at $9.59 on Friday. The firm has a fifty day moving average price of $10.93 and a 200-day moving average price of $10.74. The company has a current ratio of 0.70, a quick ratio of 0.65 and a debt-to-equity ratio of 1.48. The firm has a market capitalization of $21.89 billion, a P/E ratio of 2.43, a P/E/G ratio of 0.46 and a beta of 1.58. International Consolidated Airlines Group has a 12-month low of $5.60 and a 12-month high of $12.36.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last posted 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. The company had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.64 billion. International Consolidated Airlines Group had a net margin of 10.21% and a return on equity of 98.60%. Equities research analysts expect that International Consolidated Airlines Group will post 1.07 earnings per share 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.