AlphaValue Downgrades INTL CONS AIRL/S (OTCMKTS:ICAGY) to Buy

AlphaValue lowered shares of INTL CONS AIRL/S (OTCMKTS:ICAGY) to a buy rating in a research report sent to investors on Wednesday, The Fly reports.

A number of other brokerages also recently issued reports on ICAGY. Barclays reissued an overweight rating on shares of INTL CONS AIRL/S in a research report on Friday, April 24th. Berenberg Bank reissued a buy rating on shares of INTL CONS AIRL/S in a research report on Thursday, June 4th. Deutsche Bank reissued a buy rating on shares of INTL CONS AIRL/S in a research report on Thursday, April 9th. Goldman Sachs Group downgraded INTL CONS AIRL/S from a buy rating to a neutral rating in a research report on Thursday, April 30th. Finally, Zacks Investment Research downgraded INTL CONS AIRL/S from a hold rating to a sell rating in a research report on Thursday, June 18th. One analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company. INTL CONS AIRL/S has an average rating of Buy and a consensus target price of $6.25.

INTL CONS AIRL/S stock opened at $4.44 on Wednesday. INTL CONS AIRL/S has a 12 month low of $3.90 and a 12 month high of $17.51. The stock’s 50 day moving average is $5.80 and its 200-day moving average is $8.58. The company has a current ratio of 0.89, a quick ratio of 0.84 and a debt-to-equity ratio of 1.82. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of -26.11 and a beta of 1.62.

INTL CONS AIRL/S (OTCMKTS:ICAGY) last posted its earnings results on Thursday, May 7th. The transportation company reported ($1.55) EPS for the quarter, missing the consensus estimate of ($0.17) by ($1.38). INTL CONS AIRL/S had a negative net margin of 0.07% and a positive return on equity of 52.36%. The firm had revenue of $5.06 billion during the quarter. As a group, equities research analysts predict that INTL CONS AIRL/S will post -2.46 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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