International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) has been given an average rating of “Moderate Buy” by the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

Separately, Deutsche Bank Aktiengesellschaft raised shares of International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research report on Wednesday.

International Consolidated Airlines Group Stock Performance

OTCMKTS ICAGY opened at $7.45 on Wednesday. The business’s 50 day moving average price is $5.96 and its 200-day moving average price is $5.03. International Consolidated Airlines Group has a fifty-two week low of $3.51 and a fifty-two week high of $7.56. The company has a market cap of $18.18 billion, a P/E ratio of 2.43, a P/E/G ratio of 0.72 and a beta of 2.23. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last posted its quarterly earnings data on Friday, November 8th. The transportation company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $1.05. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 138.31%. The business had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $10.21 billion. Sell-side analysts predict that International Consolidated Airlines Group will post 1.06 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.