International Consoltd Airlns Grp (ICAGY) Raised to Hold at Zacks Investment Research

International Consoltd Airlns Grp (OTCMKTS:ICAGY) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report released on Tuesday.

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. “

Separately, Bank of America raised shares of International Consoltd Airlns Grp from an “underperform” rating to a “buy” rating in a research note on Tuesday, January 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $20.00.

Shares of International Consoltd Airlns Grp (OTCMKTS ICAGY) opened at $16.96 on Tuesday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.92 and a current ratio of 0.95. International Consoltd Airlns Grp has a 52 week low of $11.76 and a 52 week high of $18.62. The company has a market cap of $7,237.81, a PE ratio of 3.19, a price-to-earnings-growth ratio of 1.49 and a beta of 1.02.

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About International Consoltd Airlns Grp

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.

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