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

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) was downgraded by investment analysts at Barclays from a "strong-buy" rating to a "strong sell" rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Several other brokerages have also recently commented on ICAGY. The Goldman Sachs Group cut International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a report on Monday, February 10th. Sanford C. Bernstein cut shares of International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 12th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of International Consolidated Airlines Group from a "hold" rating to a "buy" rating in a report on Wednesday, December 11th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, International Consolidated Airlines Group presently has a consensus rating of "Hold".

International Consolidated Airlines Group Trading Up 3.1 %

OTCMKTS ICAGY traded up $0.22 on Wednesday, hitting $7.30. The company's stock had a trading volume of 86,058 shares, compared to its average volume of 157,870. The firm has a market cap of $17.54 billion, a PE ratio of 2.32, a PEG ratio of 0.69 and a beta of 2.16. The company's 50-day moving average is $8.14 and its 200 day moving average is $6.74. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 2.71. International Consolidated Airlines Group has a 1-year low of $3.86 and a 1-year high of $9.11.

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International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last announced its earnings results on Friday, February 28th. The transportation company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.07. International Consolidated Airlines Group had a return on equity of 138.31% and a net margin of 9.12%. The business had revenue of $8.58 billion during the quarter, compared to analyst estimates of $7.62 billion. As a group, analysts predict that International Consolidated Airlines Group will post 1.07 earnings per share 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.