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

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Shares of International Consolidated Airlines Group SA (OTCMKTS:ICAGY) have received an average rating of “Hold” from the seventeen brokerages that are currently covering the firm. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company.
A number of equities research analysts have commented on ICAGY shares. Zacks Investment Research cut International Consolidated Airlines Group SA from a “buy” rating to a “sell” rating in a research note on Monday, June 20th. Goodbody reissued a “buy” rating on shares of International Consolidated Airlines Group SA in a research note on Saturday, June 25th. Shore Capital reissued a “buy” rating on shares of International Consolidated Airlines Group SA in a research note on Saturday, June 25th. Goldman Sachs Group cut International Consolidated Airlines Group SA from a “buy” rating to a “neutral” rating in a research note on Monday, June 27th. Finally, Cenkos Securities Ltd reaffirmed a “buy” rating on shares of International Consolidated Airlines Group SA in a research report on Wednesday, June 29th.
International Consolidated Airlines Group SA (OTCMKTS:ICAGY) traded up 0.15% during midday trading on Wednesday, reaching $26.84. The company had a trading volume of 1,588 shares. The stock’s 50 day moving average is $26.10 and its 200 day moving average is $33.53. International Consolidated Airlines Group SA has a 12-month low of $22.31 and a 12-month high of $47.50. The firm has a market capitalization of $10.40 billion and a price-to-earnings ratio of 5.94.
International Consolidated Airlines Group, SA (IAG) is a holding company. The Company is an airline company, which holds the interests of airline and ancillary operations. Its segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. IAG combines the airlines in the United Kingdom, Spain and Ireland.

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