International Consolidated Airlines Group (OTCMKTS:ICAGY) Upgraded at Deutsche Bank Aktiengesellschaft

International Consolidated Airlines Group (OTCMKTS:ICAGY) was upgraded by research analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report released on Wednesday,Briefing.com Automated Import reports.

International Consolidated Airlines Group Price Performance

OTCMKTS:ICAGY traded up $0.01 on Wednesday, reaching $7.24. The stock had a trading volume of 175,523 shares, compared to its average volume of 79,282. The company has a market capitalization of $7.10 billion, a P/E ratio of 2.31, a price-to-earnings-growth ratio of 0.71 and a beta of 2.23. The stock has a fifty day moving average price of $5.81 and a 200-day moving average price of $4.97. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 2.71. International Consolidated Airlines Group has a 1-year low of $3.51 and a 1-year high of $7.38.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last released its quarterly earnings results on Friday, November 8th. The transportation company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $1.05. International Consolidated Airlines Group had a return on equity of 103.74% and a net margin of 9.12%. The business had revenue of $10.25 billion for the quarter, compared to analyst estimates of $10.21 billion. Research analysts forecast that International Consolidated Airlines Group will post 1.06 EPS for the current year.

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.