International Consolidated Airlines Group (OTCMKTS:ICAGY) Downgraded to “Hold” Rating by The Goldman Sachs Group

The Goldman Sachs Group lowered shares of International Consolidated Airlines Group (OTCMKTS:ICAGY) from a strong-buy rating to a hold rating in a research note issued to investors on Monday morning,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft raised International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, International Consolidated Airlines Group currently has a consensus rating of “Moderate Buy”.

International Consolidated Airlines Group Price Performance

Shares of OTCMKTS ICAGY opened at $8.65 on Monday. 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 has a fifty-two week low of $3.51 and a fifty-two week high of $9.11. The stock has a market cap of $20.89 billion, a PE ratio of 2.75, a price-to-earnings-growth 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.

About International Consolidated Airlines Group

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.