International Consolidated Airlines Group (OTCMKTS:ICAGY) Stock Rating Lowered by The Goldman Sachs Group

International Consolidated Airlines Group (OTCMKTS:ICAGY) was downgraded by stock analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft upgraded International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, International Consolidated Airlines Group presently has a consensus rating of “Moderate Buy”.

International Consolidated Airlines Group Stock Performance

International Consolidated Airlines Group stock opened at $8.65 on Monday. The firm has a 50 day simple moving average of $7.78 and a 200-day simple moving average of $6.10. The stock has a market cap of $20.89 billion, a price-to-earnings ratio of 2.75, a price-to-earnings-growth ratio of 0.75 and a beta of 2.17. 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 has a 1-year low of $3.51 and a 1-year high of $9.11.

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.