International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $4.55 and last traded at $4.54, with a volume of 19119 shares traded. The stock had previously closed at $4.39.
Analyst Ratings Changes
A number of research firms have weighed in on ICAGY. Morgan Stanley downgraded shares of International Consolidated Airlines Group from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, January 30th. JPMorgan Chase & Co. raised shares of International Consolidated Airlines Group from an “underweight” rating to an “overweight” rating in a research note on Wednesday, March 6th. Finally, Royal Bank of Canada raised shares of International Consolidated Airlines Group from a “sector perform” rating to an “outperform” rating in a research note on Thursday, March 21st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $213.33.
Get Our Latest Stock Report on ICAGY
International Consolidated Airlines Group Price Performance
International Consolidated Airlines Group (OTCMKTS:ICAGY – Get Free Report) last announced its quarterly earnings data on Sunday, February 25th. The transportation company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.43. International Consolidated Airlines Group had a net margin of 9.05% and a return on equity of 380.77%. The firm had revenue of $7.78 billion for the quarter, compared to the consensus estimate of $7.76 billion. Equities research analysts forecast that International Consolidated Airlines Group S.A. will post 0.93 EPS for the current year.
About International Consolidated Airlines Group
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.
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