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

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) has been assigned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

Separately, Deutsche Bank Aktiengesellschaft raised shares of 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 Performance

Shares of OTCMKTS ICAGY opened at $7.57 on Wednesday. International Consolidated Airlines Group has a 12-month low of $3.51 and a 12-month high of $7.63. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 2.71. The company has a market cap of $18.46 billion, a PE ratio of 2.41, a P/E/G ratio of 0.72 and a beta of 2.23. The stock has a 50 day simple moving average of $6.11 and a 200-day simple moving average of $5.11.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its quarterly earnings results on Friday, November 8th. The transportation company reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $1.05. The company had revenue of $10.25 billion during the quarter, compared to analyst estimates of $10.21 billion. International Consolidated Airlines Group had a return on equity of 138.31% and a net margin of 9.12%. On average, equities research analysts forecast that International Consolidated Airlines Group will post 1.06 EPS for the current year.

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.