International Consolidated Airlines Group (OTCMKTS:ICAGY) Downgraded by Exane BNP Paribas

Exane BNP Paribas cut shares of International Consolidated Airlines Group (OTCMKTS:ICAGY) from an outperform rating to a neutral rating in a research note released on Tuesday morning, The Fly reports.

A number of other research analysts have also commented on the stock. BNP Paribas lowered shares of International Consolidated Airlines Group from an outperform rating to a neutral rating in a research report on Tuesday. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of International Consolidated Airlines Group in a research report on Tuesday, August 24th. The Goldman Sachs Group lowered shares of International Consolidated Airlines Group from a buy rating to a neutral rating in a research report on Monday, June 7th. UBS Group reaffirmed a buy rating on shares of International Consolidated Airlines Group in a research report on Tuesday, August 3rd. Finally, Zacks Investment Research raised shares of International Consolidated Airlines Group from a sell rating to a hold rating in a research report on Thursday, September 9th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, International Consolidated Airlines Group has an average rating of Buy and an average target price of $77.50.

ICAGY stock opened at $3.90 on Tuesday. The company has a 50-day moving average of $4.58 and a two-hundred day moving average of $5.25. The stock has a market capitalization of $3.87 billion, a price-to-earnings ratio of -0.56 and a beta of 2.35. The company has a debt-to-equity ratio of 10.23, a current ratio of 0.68 and a quick ratio of 0.65. International Consolidated Airlines Group has a 52-week low of $2.39 and a 52-week high of $14.23.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group SA is a holding company, which engages in the provision of passenger and freight air transportation services. It operates through the following segments: British Airways, Iberia, Vueling, Aer Lingus, and Other Group companies. The company was founded on January 21, 2011 and is headquartered in London, the United Kingdom.

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Analyst Recommendations for International Consolidated Airlines Group (OTCMKTS:ICAGY)

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