International Consoltd Airlns Grp (ICAGY) Upgraded by Bank of America to Buy

International Consoltd Airlns Grp (OTCMKTS:ICAGY) was upgraded by equities research analysts at Bank of America from an “underperform” rating to a “buy” rating in a note issued to investors on Tuesday, January 2nd, MarketBeat reports.

A number of other equities research analysts have also recently weighed in on ICAGY. Zacks Investment Research raised International Consoltd Airlns Grp from a “sell” rating to a “strong-buy” rating and set a $20.00 price objective for the company in a research note on Wednesday, October 25th. Morgan Stanley lowered International Consoltd Airlns Grp from an “overweight” rating to an “equal weight” rating in a report on Tuesday, September 12th. One analyst has rated the stock with a sell rating, five have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. International Consoltd Airlns Grp has a consensus rating of “Hold” and a consensus price target of $20.00.

International Consoltd Airlns Grp (OTCMKTS ICAGY) opened at $18.14 on Tuesday. The stock has a market capitalization of $18,840.00, a P/E ratio of 3.47, a price-to-earnings-growth ratio of 1.64 and a beta of 1.13. The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 1.39. International Consoltd Airlns Grp has a 1 year low of $11.76 and a 1 year high of $18.42.

International Consoltd Airlns Grp (OTCMKTS:ICAGY) last announced its quarterly earnings data on Friday, October 27th. The transportation company reported $3.08 EPS for the quarter, topping the Zacks’ consensus estimate of $1.18 by $1.90. International Consoltd Airlns Grp had a return on equity of 88.21% and a net margin of 9.10%. equities analysts forecast that International Consoltd Airlns Grp will post 2.25 EPS for the current fiscal year.

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International Consoltd Airlns Grp 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.

Analyst Recommendations for International Consoltd Airlns Grp (OTCMKTS:ICAGY)

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