International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY – Get Rating) have been given an average rating of “Hold” by the eleven brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $106.58.

Several equities analysts have recently weighed in on the company. Peel Hunt raised International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft raised International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a report on Friday, March 31st. Barclays boosted their price target on International Consolidated Airlines Group from GBX 170 ($2.15) to GBX 215 ($2.71) in a research note on Monday. Finally, 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.

International Consolidated Airlines Group Stock Performance

Shares of International Consolidated Airlines Group stock opened at $3.82 on Friday. The company has a 50-day moving average of $3.58 and a 200 day moving average of $3.46. International Consolidated Airlines Group has a 1 year low of $2.06 and a 1 year high of $4.21.

About International Consolidated Airlines Group

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International Consolidated Airlines Group SA is a holding company, which engages in the provision of passenger and freight air transportation services. It operates through the following segments: British Airways, Iberia, Vueling, Aer Lingus, and Other Group companies. The company was founded on January 21, 2011 and is headquartered in London, the United Kingdom.