International Consolidated Airlines Group SA (ICAGY) Downgraded by Morgan Stanley to “Equal Weight”

Morgan Stanley cut shares of International Consolidated Airlines Group SA (OTC:ICAGY) from an overweight rating to an equal weight rating in a research note issued to investors on Tuesday morning.

A number of other analysts have also issued reports on the stock. Davy Research lowered shares of International Consolidated Airlines Group SA from an outperform rating to a neutral rating in a research note on Tuesday, August 22nd. Sanford C. Bernstein assumed coverage on shares of International Consolidated Airlines Group SA in a research note on Tuesday, June 27th. They set an outperform rating for the company. Finally, Goldman Sachs Group, Inc. (The) lowered shares of International Consolidated Airlines Group SA from a buy rating to a neutral rating in a research note on Thursday, June 15th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of Hold.

Shares of International Consolidated Airlines Group SA (ICAGY) opened at 15.9795 on Tuesday. International Consolidated Airlines Group SA has a 52-week low of $8.92 and a 52-week high of $16.53. The stock has a market capitalization of $16.87 billion, a PE ratio of 7.6898 and a beta of 1.03. The stock has a 50 day moving average of $15.78 and a 200 day moving average of $14.95.

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International Consolidated Airlines Group 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 Consolidated Airlines Group SA (OTC:ICAGY)

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