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

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) has earned a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

Separately, Deutsche Bank Aktiengesellschaft upgraded International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th.

International Consolidated Airlines Group Stock Down 0.3 %

ICAGY opened at $7.45 on Wednesday. The company has a fifty day moving average of $6.01 and a two-hundred day moving average of $5.06. 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 $7.56. The stock has a market capitalization of $18.18 billion, a price-to-earnings ratio of 2.37, a PEG ratio of 0.72 and a beta of 2.23.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last posted its quarterly earnings data on Friday, November 8th. The transportation company reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $1.05. The business had revenue of $10.25 billion during 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%. On average, research analysts expect that International Consolidated Airlines Group will post 1.06 earnings per share 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.