International Consolidated Airlines Group SA (OTCMKTS:ICAGY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

International Consolidated Airlines Group SA (OTCMKTS:ICAGY) has earned a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have assigned a buy recommendation to the company.

ICAGY has been the topic of a number of research analyst reports. Zacks Research downgraded International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 20th. Barclays upgraded International Consolidated Airlines Group from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 9th.

International Consolidated Airlines Group Stock Down 2.1%

Shares of OTCMKTS ICAGY opened at $10.24 on Thursday. The company has a quick ratio of 0.66, a current ratio of 0.70 and a debt-to-equity ratio of 1.48. International Consolidated Airlines Group has a 52 week low of $6.83 and a 52 week high of $12.36. The firm has a 50-day moving average price of $10.44 and a 200 day moving average price of $10.72. The stock has a market capitalization of $23.15 billion, a price-to-earnings ratio of 2.59, a price-to-earnings-growth ratio of 0.62 and a beta of 1.65.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its quarterly earnings data on Friday, February 27th. The transportation company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.33 by $0.49. The firm had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.64 billion. International Consolidated Airlines Group had a net margin of 10.21% and a return on equity of 98.60%. Equities research analysts anticipate that International Consolidated Airlines Group will post 1.51 EPS for the current fiscal year.

About International Consolidated Airlines Group

International Consolidated Airlines Group (OTCMKTS:ICAGY) is a Europe-focused airline holding company formed in 2011 through the combination of British Airways and Iberia. The group owns and operates a portfolio of passenger carriers that provide short-haul, long-haul and low-cost services, together with associated aviation businesses. Its operations span international and domestic markets, with extensive networks across Europe, transatlantic routes and links to Latin America and other global destinations.

IAG’s principal airline brands include British Airways, Iberia, Aer Lingus, Vueling and LEVEL.