INTL CONS AIRL/S (OTCMKTS:ICAGY) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of INTL CONS AIRL/S (OTCMKTS:ICAGY) have been assigned an average rating of “Hold” from the eleven brokerages that are covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company.

Several research firms have recently commented on ICAGY. Sanford C. Bernstein cut shares of INTL CONS AIRL/S from an “outperform” rating to a “market perform” rating in a report on Monday, July 1st. UBS Group upgraded shares of INTL CONS AIRL/S from a “neutral” rating to a “buy” rating in a report on Monday, April 29th. ValuEngine upgraded shares of INTL CONS AIRL/S from a “sell” rating to a “hold” rating in a report on Thursday. JPMorgan Chase & Co. began coverage on shares of INTL CONS AIRL/S in a report on Tuesday, June 4th. They set an “overweight” rating on the stock. Finally, HSBC cut shares of INTL CONS AIRL/S from a “hold” rating to a “reduce” rating in a report on Wednesday, June 19th.

OTCMKTS ICAGY traded up $0.67 on Tuesday, hitting $10.54. 56,457 shares of the stock were exchanged, compared to its average volume of 76,202. INTL CONS AIRL/S has a 52-week low of $9.85 and a 52-week high of $20.50. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.91 and a quick ratio of 0.87. The company has a market cap of $4.04 billion, a P/E ratio of 1.52 and a beta of 0.98. The business’s 50-day moving average price is $11.24.

INTL CONS AIRL/S (OTCMKTS:ICAGY) last posted its quarterly earnings results on Friday, August 2nd. The transportation company reported $1.97 EPS for the quarter, beating the consensus estimate of $0.72 by $1.25. INTL CONS AIRL/S had a net margin of 8.80% and a return on equity of 61.90%. The business had revenue of $7.61 billion for the quarter, compared to analysts’ expectations of $7.47 billion. Equities analysts forecast that INTL CONS AIRL/S will post 2.69 EPS for the current fiscal year.

INTL CONS AIRL/S 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, Ireland, the United States, and rest of the world. The company operates under the British Airways, Iberia, Vueling, LEVEL, and Aer Lingus brands.

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Analyst Recommendations for INTL CONS AIRL/S (OTCMKTS:ICAGY)

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