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

International Consolidated Airlines Group (OTCMKTS:ICAGY) was downgraded by equities research analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report issued on Monday,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 investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

International Consolidated Airlines Group Price Performance

ICAGY opened at $8.65 on Monday. The firm has a market cap of $20.89 billion, a PE ratio of 2.75, a P/E/G ratio of 0.75 and a beta of 2.17. The stock has a 50-day moving average price of $7.78 and a 200-day moving average price of $6.10. International Consolidated Airlines Group has a 1 year low of $3.51 and a 1 year high of $9.11. The company has a debt-to-equity ratio of 2.71, a current ratio of 0.70 and a quick ratio of 0.67.

International Consolidated Airlines Group Company Profile

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.