International Consolidated Airlines Group (OTCMKTS:ICAGY) Given New GBX 180 Price Target at Deutsche Bank Aktiengesellschaft

International Consolidated Airlines Group (OTCMKTS:ICAGY – Get Rating) had its price objective increased by Deutsche Bank Aktiengesellschaft from GBX 155 ($1.92) to GBX 180 ($2.23) in a report published on Tuesday, The Fly reports.

Several other equities analysts have also issued reports on the stock. Morgan Stanley started coverage on shares of International Consolidated Airlines Group in a report on Friday, November 4th. They set an equal weight rating on the stock. HSBC upgraded shares of International Consolidated Airlines Group from a hold rating to a buy rating in a research report on Monday, October 3rd. Bank of America upgraded shares of International Consolidated Airlines Group from a neutral rating to a buy rating in a research report on Thursday, December 8th. UBS Group cut shares of International Consolidated Airlines Group from a buy rating to a neutral rating in a research note on Friday, January 13th. Finally, Oddo Bhf cut shares of International Consolidated Airlines Group from a neutral rating to an underperform rating and set a GBX 103.04 ($1.28) target price for the company. in a research note on Tuesday, December 13th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of Hold and a consensus price target of $76.51.

International Consolidated Airlines Group Stock Up 1.5 %

ICAGY opened at $4.03 on Tuesday. The firm has a 50-day simple moving average of $3.29 and a two-hundred day simple moving average of $2.84. International Consolidated Airlines Group has a 52 week low of $2.06 and a 52 week high of $4.83. The company has a market capitalization of $3.99 billion, a PE ratio of -17.52 and a beta of 1.98. The company has a quick ratio of 0.81, a current ratio of 0.83 and a debt-to-equity ratio of 9.84.

International Consolidated Airlines Group (OTCMKTS:ICAGY – Get Rating) last announced its quarterly earnings data on Friday, October 28th. The transportation company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.63. The business had revenue of $7.39 billion during the quarter, compared to the consensus estimate of $6.77 billion. International Consolidated Airlines Group had a negative net margin of 1.10% and a negative return on equity of 29.49%. Analysts forecast that International Consolidated Airlines Group will post 0.12 earnings per share for the current fiscal year.

About International Consolidated Airlines Group

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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, Aer Lingus, and LEVEL brands.