Zacks Investment Research upgraded shares of International Consoltd Airlns Grp SA (NASDAQ:ICAGY) from a sell rating to a hold rating in a research report released on Wednesday.

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. “

Other equities research analysts also recently issued reports about the stock. Morgan Stanley reiterated an equal weight rating on shares of International Consoltd Airlns Grp SA in a research report on Tuesday, September 12th. Davy Research reiterated a neutral rating on shares of International Consoltd Airlns Grp SA in a research report on Tuesday, August 22nd. Goldman Sachs Group, Inc. (The) reiterated a neutral rating on shares of International Consoltd Airlns Grp SA in a research report on Thursday, June 15th. Sanford C. Bernstein started coverage on shares of International Consoltd Airlns Grp SA in a research report on Tuesday, June 27th. They set an outperform rating on the stock. Finally, ValuEngine upgraded shares of International Consoltd Airlns Grp SA from a buy rating to a strong-buy rating in a research report on Tuesday, June 27th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of Hold.

Shares of International Consoltd Airlns Grp SA (ICAGY) traded down 0.339% during trading on Wednesday, reaching $16.165. 8,502 shares of the company traded hands. The firm has a market capitalization of $17.06 billion and a price-to-earnings ratio of 7.582. International Consoltd Airlns Grp SA has a 12-month low of $8.92 and a 12-month high of $16.53. The company has a 50 day moving average price of $15.89 and a 200 day moving average price of $15.23.

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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.

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

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