INTL CONS AIRL/S (OTCMKTS:ICAGY) Raised to “Buy” at Goodbody

Goodbody upgraded shares of INTL CONS AIRL/S (OTCMKTS:ICAGY) from a hold rating to a buy rating in a report published on Wednesday morning, The Fly reports.

A number of other research firms also recently issued reports on ICAGY. Credit Suisse Group reissued an outperform rating on shares of INTL CONS AIRL/S in a report on Monday, August 3rd. Bank of America cut shares of INTL CONS AIRL/S from a buy rating to a neutral rating in a research report on Tuesday, August 4th. ValuEngine upgraded shares of INTL CONS AIRL/S from a buy rating to a strong-buy rating in a research report on Wednesday, August 12th. Citigroup reiterated a neutral rating on shares of INTL CONS AIRL/S in a research report on Wednesday, September 2nd. Finally, Raymond James cut shares of INTL CONS AIRL/S from an outperform rating to a market perform rating in a research report on Friday, September 4th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. INTL CONS AIRL/S currently has an average rating of Buy and an average price target of $6.25.

Shares of OTCMKTS:ICAGY opened at $2.82 on Wednesday. INTL CONS AIRL/S has a 12 month low of $2.48 and a 12 month high of $17.51. The company has a quick ratio of 0.65, a current ratio of 0.68 and a debt-to-equity ratio of 17.40. The company’s fifty day simple moving average is $4.22 and its 200 day simple moving average is $5.25. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of -0.35 and a beta of 1.78.

INTL CONS AIRL/S (OTCMKTS:ICAGY) last released its quarterly earnings data on Friday, July 31st. The transportation company reported ($3.90) earnings per share for the quarter, missing the consensus estimate of ($1.40) by ($2.50). The firm had revenue of $773.93 million for the quarter, compared to analyst estimates of $683.64 million. INTL CONS AIRL/S had a negative return on equity of 19.22% and a negative net margin of 15.27%. Research analysts expect that INTL CONS AIRL/S will post -6.06 earnings per share for the current fiscal year.

INTL CONS AIRL/S Company Profile

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, LEVEL, and Aer Lingus brands.

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Analyst Recommendations for INTL CONS AIRL/S (OTCMKTS:ICAGY)

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