Brokerages Set International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) PT at $61.32

Shares of International Consolidated Airlines Group S.A. (OTCMKTS:ICAGYGet Rating) have been assigned an average rating of “Hold” from the thirteen analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $61.32.

Several brokerages have commented on ICAGY. UBS Group dropped their price objective on International Consolidated Airlines Group from GBX 196 ($2.40) to GBX 180 ($2.20) in a report on Wednesday, May 11th. Barclays dropped their price objective on International Consolidated Airlines Group from GBX 2.05 ($0.03) to GBX 2 ($0.02) in a report on Thursday, May 12th. Sanford C. Bernstein raised International Consolidated Airlines Group from a “market perform” rating to an “outperform” rating in a report on Tuesday, March 1st. JPMorgan Chase & Co. dropped their price objective on International Consolidated Airlines Group from €2.20 ($2.32) to €1.95 ($2.05) in a report on Wednesday, May 11th. Finally, Morgan Stanley downgraded International Consolidated Airlines Group from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, May 31st.

Shares of ICAGY opened at $2.78 on Tuesday. The company has a current ratio of 0.79, a quick ratio of 0.77 and a debt-to-equity ratio of 20.19. International Consolidated Airlines Group has a 12 month low of $2.62 and a 12 month high of $5.44. The stock’s 50 day moving average is $3.21 and its two-hundred day moving average is $3.67. The firm has a market cap of $2.76 billion, a P/E ratio of -0.89 and a beta of 1.93.

International Consolidated Airlines Group Company Profile (Get Rating)

International Consolidated Airlines Group, SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, Ireland, the United States, and rest of the world. The company operates under the British Airways, Iberia, Vueling, Aer Lingus, and LEVEL brands.

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

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