International Consolidated Airlines Group (OTCMKTS:ICAGY) Cut to Hold at The Goldman Sachs Group

The Goldman Sachs Group cut shares of International Consolidated Airlines Group (OTCMKTS:ICAGY) from a strong-buy rating to a hold rating in a research note published on Monday morning,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

International Consolidated Airlines Group Trading Up 0.8 %

OTCMKTS ICAGY opened at $8.72 on Monday. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70. The firm has a market cap of $21.05 billion, a price-to-earnings ratio of 2.78, a PEG ratio of 0.75 and a beta of 2.17. The firm has a 50 day simple moving average of $7.82 and a 200-day simple moving average of $6.13. International Consolidated Airlines Group has a one year low of $3.51 and a one year high of $9.11.

About International Consolidated Airlines Group

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.