International Consolidated Airlines Group (OTCMKTS:ICAGY) Stock Rating Lowered by Sanford C. Bernstein

Sanford C. Bernstein lowered shares of International Consolidated Airlines Group (OTCMKTS:ICAGY - Free Report) from a strong-buy rating to a hold rating in a research report report published on Wednesday morning,Zacks.com reports.

A number of other equities research analysts have also recently issued reports on ICAGY. The Goldman Sachs Group cut International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 10th. Deutsche Bank Aktiengesellschaft upgraded International Consolidated Airlines Group from a "hold" rating to a "buy" rating in a research note on Wednesday, December 11th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, International Consolidated Airlines Group currently has a consensus rating of "Moderate Buy".

International Consolidated Airlines Group Stock Performance

Shares of OTCMKTS ICAGY traded down $0.18 during mid-day trading on Wednesday, reaching $8.52. 152,748 shares of the company's stock were exchanged, compared to its average volume of 142,379. International Consolidated Airlines Group has a 52 week low of $3.54 and a 52 week high of $9.11. The firm has a 50-day moving average price of $7.93 and a two-hundred day moving average price of $6.26. The firm has a market capitalization of $20.58 billion, a price-to-earnings ratio of 2.71, a price-to-earnings-growth ratio of 0.75 and a beta of 2.17. The company has a debt-to-equity ratio of 2.71, a current ratio of 0.70 and a quick ratio of 0.67.

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.