International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Given Average Recommendation of “Hold” by Brokerages

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) has received a consensus recommendation of “Hold” from the seven brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company.

ICAGY has been the topic of several research reports. The Goldman Sachs Group lowered International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. Deutsche Bank Aktiengesellschaft upgraded International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th. Barclays lowered International Consolidated Airlines Group from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, March 12th. Finally, Sanford C. Bernstein lowered shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 12th.

International Consolidated Airlines Group Stock Down 1.3 %

ICAGY opened at $7.46 on Friday. The business has a 50 day moving average of $8.12 and a 200-day moving average of $6.90. The stock has a market capitalization of $17.93 billion, a price-to-earnings ratio of 2.38, a P/E/G ratio of 0.69 and a beta of 2.16. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 2.71. International Consolidated Airlines Group has a 1-year low of $3.86 and a 1-year high of $9.11.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last issued its quarterly earnings results on Friday, February 28th. The transportation company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.07. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 138.31%. The firm had revenue of $8.58 billion during the quarter, compared to the consensus estimate of $7.62 billion. As a group, sell-side analysts anticipate 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 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.