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

Shares of International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) have received an average rating of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat.com reports. Two 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 report on Wednesday, December 11th.

International Consolidated Airlines Group Trading Up 1.7 %

Shares of ICAGY opened at $7.73 on Friday. The stock’s 50-day moving average price is $6.90 and its 200 day moving average price is $5.52. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 2.71. The firm has a market capitalization of $18.87 billion, a price-to-earnings ratio of 2.46, a P/E/G ratio of 0.72 and a beta of 2.17. International Consolidated Airlines Group has a 12-month low of $3.51 and a 12-month 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 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 the consensus estimate of $10.21 billion. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 138.31%. As a group, research 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.