International Consoltd Airlns Grp SA (ICAGY) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of International Consoltd Airlns Grp SA (NASDAQ:ICAGY) from a hold rating to a buy rating in a research report report published on Thursday, October 19th. They currently have $19.00 price objective on the transportation company’s stock.

According to Zacks, “International Consolidated Airlines Group, S.A. acts as the holding company for British Airways and Iberia providing scheduled passenger and cargo Airline services with its principal place of business being London. The company Airways maintains strategic alliance with several worldwide airlines and, together with its codeshare and franchise partners, flies to more than 300 destinations worldwide. International Consolidated Airlines Group, S.A. is based in Harmondsworth, United Kingdom. “

ICAGY has been the subject of several other reports. Sanford C. Bernstein initiated coverage on International Consoltd Airlns Grp SA in a research report on Tuesday, June 27th. They issued an outperform rating for the company. ValuEngine raised International Consoltd Airlns Grp SA from a buy rating to a strong-buy rating in a research report on Tuesday, June 27th. Davy Research reissued a neutral rating on shares of International Consoltd Airlns Grp SA in a research report on Tuesday, August 22nd. Finally, Morgan Stanley reissued an equal weight rating on shares of International Consoltd Airlns Grp SA in a research report on Tuesday, September 12th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and two have given a strong buy rating to the company. International Consoltd Airlns Grp SA currently has a consensus rating of Buy and an average target price of $20.00.

International Consoltd Airlns Grp SA (NASDAQ:ICAGY) traded down 6.877% during mid-day trading on Thursday, hitting $16.385. 40,755 shares of the stock were exchanged. The company has a market cap of $17.29 billion and a P/E ratio of 7.685. International Consoltd Airlns Grp SA has a one year low of $10.49 and a one year high of $17.81. The company has a 50-day moving average price of $16.34 and a 200-day moving average price of $15.63.

WARNING: “International Consoltd Airlns Grp SA (ICAGY) Upgraded at Zacks Investment Research” was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://www.dispatchtribunal.com/2017/10/28/international-consoltd-airlns-grp-sa-icagy-stock-rating-upgraded-by-zacks-investment-research.html.

International Consoltd Airlns Grp SA Company Profile

International Consolidated Airlines Group, SA is an airline company that holds the interests in airline and ancillary operations. Its segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. It combines the airlines in the United Kingdom, Spain and Ireland. It has approximately 550 aircrafts to over 280 destinations.

Get a free copy of the Zacks research report on International Consoltd Airlns Grp SA (ICAGY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for International Consoltd Airlns Grp SA (NASDAQ:ICAGY)

Receive News & Ratings for International Consoltd Airlns Grp SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Consoltd Airlns Grp SA and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply