Intl Cons Airl/S (ICAGY) Lifted to Hold at ValuEngine

ValuEngine upgraded shares of Intl Cons Airl/S (OTCMKTS:ICAGY) from a sell rating to a hold rating in a research report sent to investors on Tuesday morning.

Several other research analysts have also recently commented on the stock. Zacks Investment Research cut shares of Intl Cons Airl/S from a hold rating to a sell rating in a report on Thursday, August 16th. Citigroup cut shares of Intl Cons Airl/S from a buy rating to a hold rating in a report on Monday, October 8th. Finally, UBS Group cut shares of Intl Cons Airl/S from a buy rating to a neutral rating in a report on Wednesday, September 26th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Intl Cons Airl/S presently has a consensus rating of Hold and a consensus price target of $17.00.

Shares of ICAGY opened at $16.58 on Tuesday. Intl Cons Airl/S has a 12 month low of $14.38 and a 12 month high of $19.36. The company has a market cap of $6.61 billion, a PE ratio of 2.85 and a beta of 0.97. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 0.80.

Intl Cons Airl/S (OTCMKTS:ICAGY) last announced its earnings results on Friday, October 26th. The transportation company reported $1.28 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.14 by $0.14. Intl Cons Airl/S had a net margin of 12.47% and a return on equity of 47.92%. The company had revenue of $8.30 billion for the quarter, compared to analysts’ expectations of $8.06 billion. As a group, equities analysts predict that Intl Cons Airl/S will post 2.69 EPS for the current year.

About Intl Cons Airl/S

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, IAG Cargo, Avios, and Aer Lingus brands.

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Analyst Recommendations for Intl Cons Airl/S (OTCMKTS:ICAGY)

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