International Consolidated Airlines Group (OTCMKTS:ICAGY) Stock Rating Lowered by Barclays

International Consolidated Airlines Group (OTCMKTS:ICAGY) was downgraded by equities researchers at Barclays from a “strong-buy” rating to a “strong sell” rating in a research report issued on Wednesday,Zacks.com reports.

Several other equities research analysts also recently commented on ICAGY. Sanford C. Bernstein downgraded International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 12th. 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. Finally, The Goldman Sachs Group downgraded shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, International Consolidated Airlines Group has an average rating of “Hold”.

International Consolidated Airlines Group Trading Down 0.8 %

Shares of OTCMKTS ICAGY opened at $7.08 on Wednesday. The company has a market cap of $17.02 billion, a PE ratio of 2.25, a P/E/G ratio of 0.69 and a beta of 2.16. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70. The firm’s 50 day moving average price is $8.14 and its 200-day moving average price is $6.71. International Consolidated Airlines Group has a 52-week low of $3.72 and a 52-week high of $9.11.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last released its quarterly earnings data on Friday, February 28th. The transportation company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.07. The business had revenue of $8.58 billion for the quarter, compared to analysts’ expectations of $7.62 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 expect that International Consolidated Airlines Group will post 1.07 EPS for the current fiscal 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.