International Consolidated Airlines Group SA (ICAGY) Cut to Neutral at Davy Research

Davy Research cut shares of International Consolidated Airlines Group SA (OTC:ICAGY) from an outperform rating to a neutral rating in a report published on Tuesday, StockTargetPrices.com reports.

Several other equities analysts have also weighed in on ICAGY. Kepler Capital Markets raised shares of International Consolidated Airlines Group SA from a hold rating to a buy rating in a research report on Friday, May 12th. Sanford C. Bernstein assumed coverage on shares of International Consolidated Airlines Group SA in a research report on Tuesday, June 27th. They issued an outperform rating on the stock. Finally, Goldman Sachs Group, Inc. (The) lowered shares of International Consolidated Airlines Group SA from a buy rating to a neutral rating in a research report on Thursday, June 15th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of Hold.

Shares of International Consolidated Airlines Group SA (OTC ICAGY) opened at 15.83 on Tuesday. The company has a 50-day moving average price of $15.89 and a 200 day moving average price of $14.66. The firm has a market capitalization of $16.71 billion, a P/E ratio of 7.59 and a beta of 1.01. International Consolidated Airlines Group SA has a one year low of $8.92 and a one year high of $16.53.

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About International Consolidated Airlines Group SA

International Consolidated Airlines Group, SA is an airline company that holds the interests in airline and ancillary operations. Its segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. It combines the airlines in the United Kingdom, Spain and Ireland. It has approximately 550 aircrafts to over 280 destinations.

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