International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Receives Average Rating of “Moderate Buy” from Analysts

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) has been given an average rating of “Moderate Buy” by the six research firms that are presently covering the stock, MarketBeat 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 International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th.

International Consolidated Airlines Group Stock Up 2.5 %

Shares of OTCMKTS:ICAGY opened at $7.59 on Friday. The company has a 50 day moving average price of $6.77 and a two-hundred day moving average price of $5.46. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70. The company has a market capitalization of $18.52 billion, a PE ratio of 2.42, a PEG ratio of 0.72 and a beta of 2.17. International Consolidated Airlines Group has a 52 week low of $3.51 and a 52 week high of $7.79.

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